Whalesbook
RBI ne foreign exchange trading ke rules mein kuch badlav kiye hain, jisse offshore trades par lagi restrictions ko partially hataya gaya hai. Iska goal hai ki businesses apne risks ko zyada aasani se hedge kar payein, jabki central bank speculative trading par nazar rakhe hue hai.
Banks ab Forex Derivatives ko rebook kar sakte hain
RBI ne ek circular mein pehle ki limits ko hata diya hai, jisase banks pehle local aur foreign clients ko kuch derivative contracts offer nahi kar paate the. Ab banks turant in contracts ko rebook ya cancel kar sakte hain. Is adjustment ka matlab hai ki importers aur exporters ko genuine hedging needs manage karne mein mushkil nahi hogi, kyunki pehle unko practical problems aa rahi thin.
Related Party Transactions abhi bhi restricted
Jabki restrictions ko dheela kiya gaya hai, RBI ne ye bhi clear kiya hai ki related parties yaani ek doosre se jude hue entities ke beech transactions abhi bhi restricted rahenge. Banks abhi bhi aise connected entities ko derivative contracts offer karne se mana hain, siwaye existing contracts ko cancel ya rollover karne ke.
Open Positions par $100 Million ki cap unchanged
Sabse important baat ye hai ki onshore foreign exchange market mein net open positions par $100 Million ki cap abhi bhi barqarar hai. Ye dikhata hai ki RBI speculative trading ko rokne aur currency swings ko manage karne ke liye committed hai. RBI ke pichhle measures ne Indian Rupee ko ₹95.12 ke record low se sudhar kar ₹92.58 tak laane mein help kiya tha. Monday ko Rupee ₹93.12 par band hua tha.
RBI ka aim arbitrage ko control karna
RBI Governor Sanjay Malhotra ne pehle samjhaya tha ki ye rules NDF (Non-Deliverable Forward) aur deliverable markets ke beech arbitrage opportunities ko target karte hain, jisse volatility badh sakti hai aur price discovery kharab ho sakti hai. Ab ye rollback dikhata hai ki market stability par RBI ka confidence badh raha hai. Traders expect kar rahe hain ki Rupee aage ₹92.50 se ₹93.50 ke beech trade karega, jismein thoda weakening ka trend reh sakta hai, lekin ye forex measures aur oil importers ke liye banaye gaye special channel isko support karenge.