Investors Opt for Singapore Exchange Amid RBI's Curbs on Rupee Futures
Tuesday, 9 July 2024, 11:24
Investors Favor Singapore Exchange Over RBI's Rupee Futures Restrictions
The Reserve Bank of India has implemented curbs on rupee futures trading to enhance control over the local currency.
RBI's Objective:
The RBI aims to increase trading of rupee derivatives within India to manage the currency's value more effectively.
- Investors are adapting to the new regulatory environment
- Shift towards Singapore Exchange as an alternative trading platform
- Emphasis on proactive compliance with RBI's policies
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.