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forex association of india . Consequently, 2015 Rupee made value smart forex in September-October With the return of stability in the forex market, a calibrated unwinding of exceptional monetary and administrative measures of July was undertaken from September onwards.

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The Foreign exchange reserves of India are India's holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The reserves are managed by the Reserve Bank of India for the Indian government and the main component is foreign currency assets.

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FAI Mid-Year Forex Conference-2015 on Saturday 23rd May, 2015Forex Association of India Mid-Year Conference to be held on Saturday 23rd May, 2015 at Sachin Tendulkar Gymkhana (MCA Club), Mahavir Nagar, Kandivali (W), Mumbai 400067

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Foreign-exchange reserves (also called Forex reserves) are, in a strict sense, only the foreign-currency deposits held by national central banks and monetary authorities (See List of countries by foreign-exchange reserves (excluding gold)).

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2018/03/11 · Why is forex trading illegal in India? Update Cancel. Answer Wiki. 36 Answers. Is Forex trading legal in India and how to trade forex in India legally? Forex trading is, of course, legal in India if it is done through a registered Indian Forex broker. Answered Sep 1, 2015 · Author has 128 answers and 240.1k answer views.

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Forex Trading in India – Things you need to know. There are ongoing debates about whether Forex trading is legal or not in India. If found trading, individuals will face strict charges for violating the law.

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Is Forex trading legal in India? An Indian citizen cannot send directly or indirectly fund to Overseas forex Brokers. RBI also found that many Overseas Forex brokers forex account in the name of individuals trading proprietary concerns at different bank branches 2015 collecting the …

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