27.10.2008 - Regulators may raise exposure cap in currency futures
From Economic Times: With the successful launch of currency futures, regulators are now looking at taking a series of measures to further deepen the currency derivatives market. Apart from introducing trading in 4-5 more currencies, the regulators the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) are considering raising the exposure limit for players. Besides rupee-dollar futures, which are currently available, the regulators are planning to introduce rupee-yen, rupee-euro, rupee-yuan and rupee-pound futures as well. More players, including foreign institutional investors and non-resident Indians (NRIs), may also be allowed to operate in the market..... Full Article: Source
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