Authorised dealers may still offer deliverable FX derivative contracts. India has banned authorised dealers from offering non-deliverable derivative contracts involving the Indian rupiah (INR) to ...

I met with a very frustrated vice president of programs last year. Good leader. Great team. "I don't get it," he said. "I've told them what I need. They seem excited, but then nothing changes. It's ...

The Indian rupee posted its biggest gain in more than 12 years after authorities intensified their crackdown on speculation against a weaker exchange rate, extending curbs to offshore derivatives just ...

Just days after it clamped down on banks’ local currency limits, the Reserve Bank of India (RBI) on Wednesday stepped up efforts to curb speculation against the battered rupee, restricting lenders ...

The Reserve Bank of India on Wednesday barred authorized dealers from offering rupee non-deliverable forwards to resident and non-resident clients, further tightening foreign exchange rules as the ...

Indonesia’s central bank is continuing to intervene in the markets with stability its “top priority” following the currency’s three-day slide to multiple record lows against the dollar. “BI will ...

April 1 (Reuters) - India's central bank has intensified its crackdown on speculative activity in the rupee, this time targeting corporate arbitrage after its initial clampdown on banks failed to ...

Many leaders know empowered teams deliver better results, but not all leaders understand how to get there. It all starts with knowing what empowerment truly means. Put simply: Empowerment is the ...

File photo shows the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. THE Bangko Sentral ng Pilipinas (BSP) has amended the regulations on foreign exchange (FX) to tighten its control over FX ...

Net Open Position in rupee, or NOP-INR, refers to the net foreign exchange exposure of Authorised Dealers (ADs), primarily commercial banks, in the domestic market. In simple terms, it captures the ...