RBI builds currency futures

In a quarterly monetary policy review report released last Tuesday (October 27), the central bank proposed the introduction of EUR/INR, JPY/INR and GBP/INR currency futures, though no date was provided. It said the products would act as a more direct hedge for currency exposures - to date only USD/INR currency futures have been available, in units of $1,000 with maturities of up to 12 months.

"While India has been less affected by the crisis than most other countries, there are lessons from the

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

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Clients reward UBS for post-trade innovation

Post-trade innovation and development this year has been all about mitigating settlement risk in a market fraught with concerns about counterparty default. And UBS, winner of the award for best post-trade services, has led the way in providing new tools…

Ice joins forex central clearing debate

ATLANTA - Jeffrey Sprecher, chief executive at Atlanta-based IntercontinentalExchange (Ice) has become the first major exchange official to call into question the need for central clearing of foreign exchange derivatives trades.

Budenberg appointed UKFI CEO

LONDON - Former UBS banker Robin Budenberg has been appointed chief executive of UK Financial Investments, the body established to manage the UK government's investments in financial institutions including the Royal Bank of Scotland (RBS), Lloyds TSB and…

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: