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Global Trade Alert

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India: Liberalization in participation guidelines in the currency derivatives market

Description

On 31 March 2015, the Reserve Bank of India liberalised the participation of domestic investors and importers in the foreign currency markets. Concretely, the RBI made the following amendments to the...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

31 Mar 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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