Rupee futures and options will offer overseas market participants new onshore tools to hedge their India exposures, reducing their reliance on offshore currency markets.
May 10, 2020Authorised dealers and can allow users to trade rupee derivatives up to USD 10 million notional value outstanding without the need to establish the existence of underlying exposures.
April 9, 2020The measures include a 3 month moratorium on term loans, deferred interest on working capital loans, $50bn of liquidity measures, and 6-month delays for NSFR, CCB and LEI implementation.
March 28, 2020Brokers, institutional investors and eligible foreign investors can hold gross open positions in rupee futures and options contracts up to $1bn or 15% of total open interest, whichever is higher.
February 4, 2020The move will help address demands from overseas participants for the availability of better tools to hedge India exposures.
January 21, 2020The task force recommends implementation of margin requirements for non-centrally cleared OTC derivatives “at the earliest”.
August 10, 2019