Banking News

RBI intervention in the Exchange Traded Currency Derivatives (ETCD) segment-Dirty Float

The Central Bank (RBI in India) sometime intervenes in the volatile foreign exchange market in order to manage excessive volatility and to influence the value of a floating currency in an orderly condition. Such intervention of Central bank is called “Dirty Float”. The recent communication of the regulator informs that the bank would intervene in the Exchange Traded Currency Derivatives (ETCD) segment as a further measure if required.  The communication further informs that the data for the ETCD intervention will be published in the RBI monthly Bulletin as in the case of Over-the-Counter (OTC) intervention.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *


Latest Tweets

error: Content is protected !!

Sign up for our News Letter

We will let you know when new articles are posted on this site.

Privacy Policy. This information will never be shared.