04-04-2024 09:53 AM | Source: Tradebulls Securities Pvt Ltd
The notification will come into effect on April 5, 2024 - Tradebulls Securities Pvt Ltd
GBP/INR
According to a recent notification from the RBI, users can now take long or short positions in INR pairs, namely USDINR, EURINR, GBPINR and JPYINR only against a contracted exposure, which means exposure arising from export/import or capital account transactions
JPY/INR
The notification will come into effect on April 5, 2024. As a precaution, if you have an outstanding position in currency it will not be allowed to carry forward the position beyond April 4, 2024, end of day.
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