CCIL trade repository reporting to extend to all currencies

india-rupee-cash

The Clearing Corporation of India (CCIL) will introduce reporting requirements for all currencies from November 5 as part of the second of four phases in its over-the-counter foreign exchange derivatives trade repository build-out.

CCIL initially launched its OTC forex derivatives trade repository in July this year. The first phase involved reporting interbank forex forwards and swaps transactions in the US dollar/Indian rupee currency pair and currency options involving the rupee.

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