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| « RBI-Survey on Computer Software & Information Technology... | RBI-Survey on Computer Software & Information Technology... » |
RBI Intervention in Exchange Traded Currency Derivatives (ETCD) |
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| December, 10th 2015 |
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
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