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RBI Allows Firms having Forex Exposure to Book Forex Forward and Foreign Currency - (09 Oct 2015)

RBI has allowed all resident individuals, firms and companies, who have actual or anticipated foreign exchange exposures, to book foreign exchange forwards and foreign currency and rupee options contracts up to $1 million without any requirement of documentation on the basis of simple declaration.

Tags : RBI  FOREX FORWARD  FOREIGN CURRENCY  

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