Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India to update forex risk rules by April 2027 to match global Basel standards.

flag The Reserve Bank of India has proposed updating rules for banks’ foreign exchange risk management to align with global Basel standards. flag Key changes include merging separate onshore and offshore position calculations, including overseas profits in net open positions, treating gold separately, and exempting certain structural forex exposures. flag The revisions aim to improve risk assessment and regulatory consistency, with the new rules expected to take effect April 1, 2027.

4 Articles