MCX gains; RBI allows foreign investors in FX derivatives

Image
Reuters
Last Updated : Jun 03 2014 | 1:06 PM IST

Reuters Market Eye - Shares of Multi Commodity Exchange gain 2.1 percent after the Reserve Bank of India said foreign investors can participate in the domestic foreign exchange derivatives market to the extent of their underlying exposure plus up to $10 mln.

Multi Commodity Exchange operates currency futures exchange MCX-SX.

(Reporting by Abhishek Vishnoi)

More From This Section

First Published: Jun 03 2014 | 12:34 PM IST

Next Story