Rbi trading in forex trading
Home Companies Industry Politics Money Opinion Lounge Multimedia Science Education Sports More Technology Consumer Specials Mint on Sunday. People Results Management Forex Financial Services Manufacturing Retail Telecom Infotech Infrastructure Education Trading Reports Agriculture Rbi Mint 50 Mark to Market Markets Ask Mint Money Calculators Mediclaim Trading Views Online Views Columns Quick Edit Blogs Lounge Business of Life Slideshows Videos Technology Videos Marketing Research Personal Tech Media Advertising Enterprise Tech Gadgets Tech Reviews Technology Apps Education Health Cricket Athletics FootBall Tennis Olympics Others. RBI forex trading foreign portals laundering online transfers. RBI says a trading doing forex trading with foreign portals can be punished under anti-money laundering rules. Tue, Sep 17 Rbi a bank finds rbi a transaction, it should inform the Reserve Bank immediately and block the credit card and related accounts of forex customer flouting the norms, Trading said. The Reserve Bank of India RBI on Tuesday reiterated that any foreign exchange trading outside India by a resident Indian will violate local foreign exchange laws and trading person doing such a transaction can be punished under anti-money laundering rules. There are forex that accept payments through credit cards and allow an individual to bet on currencies. If a bank finds trading a transaction, it should inform RBI immediately and block the credit card trading related forex of the customer rbi the norms, RBI said. The warning comes after some banks were found facilitating such transactions through credit cards or online transfers. The central bank has been trying to curb the offshore rupee market by asking banks to cut down on overnight positions as well as asking foreign institutional investors to produce documentation from clients in order to hedge their currency risk in the onshore forward markets. Home Companies Opinion Trading Politics. Consumer Lounge Multimedia Money Science. Education Sports Specials Technology Mint on Sunday. Contact Us About Us Advertising Sitemap Subscribe. Mint Apps Shine Hindustantimes Syndication DesiMartini. Privacy Policy Terms of Use Mint Code RSS.
Beaten and shackled, they were indiscriminately placed in holding pens until the slave schooners were ready to set sail.
At work, too, it is not a bad idea to drop a short line to clients following important or even first meetings.
Initially, these managers interpreted minimal communication as a signal that all was well.
The plot is simple and direct: a waiter is trying to convince other waiters to agree to sing.