| A Reserve Bank of India (RBI) working paper says regulation of commodity futures markets has to evolve concomitant to the changing dynamics of commodity markets. And, that only an emphasis on over-the-counter market reforms, mainly covering swap dealers, might be insufficient.
It says financialisation of commodity markets and some fundamental factors have driven commodity price inflation. Financialisation means a long-term shift in an economy from production to finance...............................................Full Article: Source
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