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May 2015

A. P. (DIR Series) Circular No. 90 dated March 31, 2015

By Gaurang Gandhi Chartered Accountant
Reading Time 1 mins
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Risk Management and Inter-bank Dealings: Revised Guidelines relating to participation of Residents in the Exchange Traded Currency Derivatives (ETCD) market

This circular has made the following changes in the guidelines relating to ETCD, as contained in Notification No. FEMA. 25/RB-2000 dated May 3, 2000 (Foreign Exchange Derivative Contracts) and A.P. (DIR Series) Circular No. 147 dated June 20, 2014, as under: –

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