RBI announces draft directions on facilities for hedging foreign exchange risk by Residents and Non-residents
February, 18th 2019
The Reserve Bank of India today released a draft of the revised directions and regulations on facilities for hedging foreign exchange risk by Residents and Non-residents. Comments on the draft directions are invited from banks, market participants and other interested parties by March 15, 2019.
Feedback on the draft directions may be forwarded to:
The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bhagat Singh Marg Mumbai – 400001
Or by email with subject line “Feedback - facilities for hedging foreign exchange risk”