More Stories

Informist, Wednesday, Sept. 24, 2025

 

--RBI renews its statement of commitment to FX Global Code 

 

NEW DELHI - The Reserve Bank of India has signed its renewed statement of commitment to the FX Global Code, it said Wednesday, adding that it continues to support the principles of good practices within the code. 

 

"The Bank confirms that it acts as a market participant as defined by the code and is committed to conducting its FX (foreign exchange) market activities in a manner consistent with the principles of the Code," the RBI said in its statement of commitment. "To this end, it (RBI) has taken appropriate steps, based on the size and complexity of its activities, and the nature of its engagement in the FX market, to align its activities with the principles of the code."

 

The FX Global Code is a set of global principles of good practice in the foreign exchange market developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign exchange market. It was developed by a partnership between central banks and market participants from around the globe and was first published in 2017.  End

 

Reported by Pratiksha

Edited by Vandana Hingorani

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.