MUMBAI, India, Dec. 9 -- Reserve Bank of India issued the following press release:
The Reserve Bank of India today placed on its website the Draft Circular on Disclosure of Transaction Cost for Foreign Exchange Transactions. Comments on the draft circular are invited from banks, market participants and other interested parties by January 09, 2026.
Feedback on the draft circular may be forwarded to:
The Chief General Manager
Reserve Bank of India
Financial Markets Regulation Department
9th Floor, Central Office Building
Shahid Bhagat Singh Marg, Fort
Mumbai - 400 001
Or by email with subject line "Feedback on Draft Circular on Disclosure of Transaction Cost for Foreign Exchange Transactions".
Background and Objective
To enhance tr...