currency future

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Anshu

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Aug 9, 2008, 10:33:40 AM8/9/08
to FOREXINDIA
ya this is a new feature to be added in Indian market
ie buy or sell one currency against another on a specified future date
at a price specified on the date of contract
but what about the settlement price which shall be RBI's reference
rate on last trading day
if contract is booked price is ascertained on day of contract why
settlement price explain
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