FX Derivatives Fiasco Puts Spotlight on Regulatory Risk in India bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Until recently, traders were betting freely on the rupees rise and fall without holding underlying assets. A rule that allowed transactions of up to $100 million without providing proof of an actual foreign-currency exposure had been interpreted by them as tacit acceptance of speculative trade by the authorities.
The trading floor seeks to provide students with experiential learning to further the students’ employment skills and knowledge of real-world applications of financial programmes.
India Business News: India's mutual funds industry is experiencing a blockbuster year, marked by a record surge in assets under management and the addition of more than 20