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The NRIs have the flexibility this web page investing under the options of repatriation and non-repatriation. Similarly, Indian entities can also make investment in an overseas joint venture or in a wholly-owned subsidiary abroad upto a certain limit.

As a step towards further simplification and liberalisation of the foreign exchange facilities available to the residents, the Reserve Bank has permitted resident individuals http://blogforex.tech/exchange/bloomberg-forex-exchange-rates.html freely remit abroad up to liberal amount per financial year for any us dollar forex rate today purposes.

Exchange-traded currency futures are permitted in Firex. As the product is exchange traded, the conduct of currency futures trading fodex is being regulated jointly by the Reserve Bank and the Securities and Exchange Board of India. The period after todsy was marked by a fixed exchange us dollar forex rate today regime, which was in line with the Bretton Woods system prevalent then.