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Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mn

viaeconomictimes.indiatimes.com42m ago
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mn
Sebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors can now hold up to USD 5 million without establishing underlying exposure. The new guidelines also require FPIs to ensure their short positions do not exceed this…

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