Business Standard

Sebi mulls introduction of Rupee-Yen and Rupee-Euro

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BS Reporter Mumbai

After the launch of currency futures in the country, the market regulator — Security and Exchange Board of India (Sebi) - has said that it is mulling introduction of Rupee- Yen and Rupee-Euro futures.
 
The regulator has also said that it is studying the whether non resident Indians (NRIs) and FIIs be allowed in currency furtures trade.
 
SEBI is also studying options to allow foreign companies to raise funds in India and get listed.
 
The regulator also said that the status of all pending open offers applications should be disclosed.

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First Published: Sep 02 2008 | 1:20 PM IST

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