Tag Archives: options

RBI Permited writing of options against contracted exposures by Indian Residents

By | June 23, 2016

RBI/2015-16/431 A.P. (DIR Series) Circular No. 78 June 23, 2016 To All Category – I Authorised Dealer Banks Madam / Sir, Permitting writing of options against contracted exposures by Indian Residents Attention of Authorised Dealer Category – I (AD Cat – I) banks is invited to Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000… Read More »

FAQ on Options on USD INR Spot Rate

By | October 30, 2015

What are Currency Options? Currency Options are contracts that grant the buyer of the option the right, but not the obligation, to buy or sell underlying currency at a specified exchange rate during a specified period of time. For this right, the buyer pays premium to the seller of the option. What is the need… Read More »