Forex Exchange Blog

jaean@ymail.com asked:


I’m interested in doing forex trading in India, because I think the capital market there is pretty stable and people have good discretionary income. However, my understanding is that RBI strongly regulates the forex market partially because it is afraid of possible currency manipulations by large institutions. And since it is possible to have a very high leverage in this market, people could lose a lot of money without enough prudence, and the government is aware of this, trying to control the forex market to a certain extent. So my question is, how much does the Indian government want to control the forex market, and what kind of rules and regulations regarding the forex trading and the relevant market are put forth by RBI? Are there any available websites or documents pertinent to the foreign exchange market in India I can take a look at?

TORREGROSA

immortallycean asked:


India, just like in the past , has getting into enormous foreign exchange projects with different countries of the world. Of course, it is good to a certain extent, but, it seems like India is getting into entirely dependent on forex. Is this good? Will a freedom struggle take place agian?

ROOK