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  • RBI opens Rupee Interest Rate Derivatives market to Non-Residents for hedging and trading in India

    RBI opens Rupee Interest Rate Derivatives market to Non-Residents for hedging and trading in India

    The Reserve Bank of India (“RBI”) on 27 March 2019, announced that a Non-Resident[1] shall be given access to the Rupee Interest Rate Derivative (“IRD”) market in India vide the notification of Non-resident Participation in Rupee Interest Rate Derivatives Market

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