Economic Times · Stocks
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mn
Published by Economic Times on IST
Sebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors can now hold up to USD 5 million without establishing underlying exposure. The new guidelines also require FPIs to ensure their short positions do not exceed this limit. For amounts…
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