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Exchanges' poor communication and not RBI's circular causing losses in currency-derivatives, say sources

Leading exchange issued circulars in this regard to brokerages only on April 1, which was just few days before the earlier deadline. ....

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RBI consolidates norms of Currency Futures, Exchange Traded Currency Options in one direction

These directions shall come into effect from April 5. In its December monetary policy, the RBI said that it will review the regulatory framework for hedging foreign exchange risks ....

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