Opinion: Why India's FX derivatives rules make sense
India’s central bank has shown it will not tolerate corporates irresponsibly speculating on currency by reining in the scope of derivatives available to them. The decision to include cost reduction structures poses future risks but overall represent a sensible compromise with the market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts