Residents may sign foreign exchange derivative contracts

0
761

The Reserve Bank of India has amended regulation 4 of the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000, to allow an Indian resident to enter into a foreign exchange derivative contract in order hedge an exposure to risk or otherwise, in respect of a transaction permissible under the Foreign Exchange Management Act, 1999. However, such contracts must be entered into in accordance with schedule I of the regulations.

You must be a subscriber to read this article, or you can register for free to enjoy the current issue.

该部分内容仅提供予《商法》订阅会员。你可以订阅去解锁所有内容。你也可以免费注册去浏览最新一期的内容。