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Ruchi Gupta

Ruchi is a freelance contributor and analyst to FXAudit.com. Ruchi holds an MBA in Finance. She focuses on financial markets, politics, and technology. Focus: Equities and Forex

India Relaxes Rules on FX Trade on Foreign Banks

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  • Post last modified:August 17, 2021

(Bloomberg) Foreign banks can now resume profitable currency trade in India after the central bank loosened its grip on sovereign bonds. The Reserve Bank of India ruled that foreign sovereign…