It may be recalled that it was announced in the Fourth Bi-monthly Monetary Policy Statement, 2015-16 of September 29, 2015 that the standalone PDs would be permitted to deal in currency futures contracts
Currency futures contracts
imply "a meteoric rise of the U.
The Johannesburg Stock Exchange (JSE) has launched the first currency futures which track the exchange rate between the Rand and select African currencies, listing three new currency futures contracts
which track the exchange rate between the Rand (ZAR and the Zambian Kwacha (ZMK), Kenyan Shilling (KES) and Nigerian Naira (NGN).
USD/MUR and rand/USD currency futures contracts
are traded on the Bourse Africa platform; USD/rand and pula/rand are traded on the JSE; while kwacha/ USD is traded on BADEX.
All DGCX currency futures contracts
except US Dollar/Canadian Dollar registered substantial month-on-month increases.
John Anderson was addressing members, institutions and private investors at the seminar, held as a prelude to the upcoming launch of DGCX's new currency futures contracts
The RBI also said the bourses are permitted, with immediate effect, to offer currency futures contracts
in the three currencies in addition to the US dollarrupee contracts.
The bank said that the indices offer investors with easier access to interest rate and currency futures contracts
Since the start of 2009, 147,000 currency futures contracts
have traded on DGCX, valued at $9.
In addition, currency futures contracts
worth $172,000 were settled in the week ending on March 20, 2009, demonstrating the growing significance of the exchange in meeting end user's foreign Aacurrency requirements.
the gain from foreign currency futures contracts
entered into to hedge
49) In 1982, options on these currency futures contracts
were introduced into the United States.