Sebi may clear the air on currency derivatives today
mumbai, April 1 -- Clarity is on cards for exchange-traded currency derivatives (ETCD), after a central bank circular limiting their use to hedging sparked panic. The Securities and Exchange Board of India (Sebi) is examining representations from broker associations, and a clarificatory circular from either Sebi or stock exchanges is expected as early as Monday, two people familiar with the development said....
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