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October 11, 2022
Reserve Bank of India Notification: Diversification of activities by SPDs – Review of permissible non-core activities.

September 16, 2021
Reserve Bank of India Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021.

February 28, 2019
RBI Constitutes Task Force on Offshore Rupee Markets.

July 27, 2018
Reserve Bank of India Circular: Diversification of activities of Standalone Primary Dealers-Foreign Exchange Business.

July 4, 2018
Press Release of Reserve Bank of India Regarding Computation and Dissemination of Reference Rate by FBIL.

June 28, 2018
EMTA Publishes Recommended FX and Currency Derivatives Market Practice No. 83 on Indian Rupee/US Dollar Rate Source. CLICK HERE to view Market Practice No. 83.

June 11, 2018
Press Release of the FBIL regarding the FBIL Reference Rates and FBIL Reference Rate Methodology.
February 7, 2018
Press Release of the Reserve Bank of India: Statement on Developmental and Regulatory Policies (on Benchmark Harmonization Topics Et Al).

June 30, 2011
Press Release of the Reserve Bank of India Regarding a Revised Methodology for its USD-INR Rate.

June 24, 2011
Press Release of the Reserve Bank of India Regarding a Revised Methodology for its USD-INR Rate.

January 30, 2007

Standard & Poor's Upgrades India's Sovereign Credit Rating from BB+ to BBB-. 

October 25, 2006

EMTA, ISDA and FXC update Annex A to the FX and Currency Option Definitions with an updated rate source definition for the Indian Rupee and a new rate source definition for the Philippine Peso. CLICK HERE for the Annex A updates. EMTA, SFEMC and the FXC issue updated PHP Template Terms for Non-Deliverable FX Transactions. CLICK HERE for the updated Template Terms. EMTA issues FX and Currency Derivative Market Practice No. 41 in connection therewith. CLICK HERE for EMTA’s Market Practice No. 41.  

November 1, 2004

EMTA, SFEMC and FXC Jointly Announce Amended Asian Currency NDF Documentation. EMTA Publishes NDF Market Practice No. 34 For Amended Asian Currency Template Terms. EMTA, the FXC and ISDA Announce Amendments to Annex A of the 1998 FX and Currency Option Definitions.  


October 29, 2001

Hong Kong MPC Supports EMTA NDF Template Terms. 

February 5, 2001

EMTA Template Terms for CNY/, INR/, KRW/, PHP/ and TWD/USD NDFs, and related NDF Market Practices, are dated and effective as of today. Asia Reference Dealer "Reference" List also available.  

May 11, 2000

First Drafts of EMTA Template Terms for Asia-Specific NDF Transactions.
Final Template Terms are available by
Clicking Here.