India considers rupee options for corporates

- By FX Markets Staff
- @FXMarkets_
- 27 Jan 2003

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

"We are actively considering the prospect of banks based in India being permitted to offer foreign currency-rupee options to Indian corporates as a risk management product," said the official in Mumbai. But the RBI would introduce the options in a controlled manner: "In the process the banks would be allowed to run an options book in a limited way."

The official said there is not yet a firm time-frame for the approval of foreign currency-rupee options, but added that a realistic estimate would be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com