Category Important Update Analyzed, Investments, NRI / OCI Forex Remittances allowed upto US $125,000; FPIs can trade in currency derivatives; and NRIs allowed INR upto Rs. 25,000 June 3, 2014 RBI in a bi-monthly Monetary Policy Statement on June 3, 2014, announced 3 important measures... Tags currency derivative, exchange traded derivative, Foreign Portfolio Investor, forex remittance, FPI, Liberalised Remittance Scheme, Liberalized Remittance, limit, LRS, Non resident indian, NRI, RBI, RBI monetary Policy, RBI policy, RBI policy review statement Read More
