Exclusive-India cenbank’s stance on underlying exposure for FX derivatives unchanged, sources say
By Swati Bhat and Nimesh Vora MUMBAI (Reuters) -The Reserve Bank of India (RBI) has not materially changed its stance on exchange-traded rupee derivatives and neither has it asked brokerages for proof of their clients’ underlying forex exposure, two sources aware of the central bank’s thinking said. The RBI had said in January that from April, exchanges …