India may ease some rules on rupee trading

Reserve Bank of India governor Bimal Jalan speaking at the Forex Association of India said that the RBA could loosen rules on currency trading and that "Convertibility continues to be a desirable objective for all investment and business related transactions".

Source: Bloomberg

India may loosen some rules on trading its currency, the rupee, while stopping short of allowing it to be ``completely free,'' central bank governor Bimal Jalan said.

India, with a $505 billion economy, Asia's third-biggest

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.