RBI
Cuts threshold for INR forex derivative positions without underlying exposure from $100 mn to $5 mn
New threshold applies to positions undertaken without establishing underlying exposure
Measures to ensure orderly forex market functioning amid evolving trends
RBI
Mandates authorised dealers to maintain foreign exchange risk reserve
FERR applies to forex derivative contracts involving INR undertaken with users
Reserve set at 20% of INR equivalent of contract notional value
Reserve to be deposited with RBI in cash
New counterparty credit risk norms effective Apr 1
RBI
To open special window for 3 OMCs to meet entire daily dollar requirement
3 OMCs include Indian Oil, HPCL and BPCL
Under the facility, RBI will sell USD to OMCs through designated bank
Facility to come into effect from October 12, 2026 SEOTVE BANK OF
Measures to ensure orderly forex market functioning amid evolving trends
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