India moving on FX futures as Dubai rupee grows

26 Oct 2007

by Laurence Davison

In the face of growing competition from Dubai Gold and Commodities Exchange (DGCX)’s rupee contract, Indian authorities have started the long process towards introducing a domestic FX futures market.

Reserve Bank of India (RBI) will...

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“The CME Group remains committed to our clients in Asia, and growing our business in the region continues to be a large part of our growth strategy.”

The Merc says it still has Asia in its sights