Sebi permits currency futures in euro, pound
Sebi permits currency futures in euro, pound
Mumbai: The Securities and Exchange Board of India (Sebi) on Tuesday extended the currency futures platform on exchanges for hedging exposure in pairs of euro-rupee, yen-rupee and pound-rupee, in addition to the existing US dollar-rupee. The Reserve Bank of India also announced amendments to existing norms to allow contracts in such currency pairs.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!