RBI Intervention in Exchange Traded Currency Derivatives

Date : Dec 09, 2015

RBI Intervention in Exchange Traded Currency Derivatives (ETCD)

Press Release : 2015-2016/1362

The Reserve Bank of India intervenes in the domestic foreign exchange market as and when required in order to manage excessive volatility and to maintain orderly conditions in the market. As a further measure it has been decided to intervene in the Exchange Traded Currency Derivatives (ETCD) segment, if required.  The data for the ETCD intervention will be published in the RBI monthly Bulletin as in the case of Over-the-Counter (OTC) intervention.

Sangeeta Das

Director

Source:https://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=35679