Forex (Foreign Exchange)
This section provides basic and useful information relating to Forex i.e. Foreign Exchange.
|Forex Trading||Different types of trading viz. trading in Spot market trading, Forwards market and Futures market.
|Forex Quotes||Different Quotes (rates) used for trading in Forex markets.
|Forex Glossary||Glossary of commonly used terms in Forex Market.
|INCOTERMS||International Commercial Terms and their meaning.
|Forex Facilities for Residents||Details of various Forex facilities available to residents india.
|LRS of $250,000 ||Details of Liberalized Remittance Scheme of USD 250,000/- available to Resident Indians for various purpose including|
- Private visits abroad
- Gift to a person residing outside India or as donation to an organization outside India
- Going abroad for employment
- Maintenance of close relatives abroad
- Business trip
- Medical treatment abroad
- Students for pursuing their studies abroad
- Purchasing objects of art subject to the provisions of other applicable laws etc.
|LRS of $250,000 - FAQs||Frequently Asked Questions on Liberalized Remittance Scheme of USD 250,000/-
|Forex Facilities for NRIs / PIOs||Details of various Forex facilities available to NRIs and Persons of Indian Origin
|Letter of Credit||Information on various terms used and their meaning in issuing, advising, negotiating and discounting Letter of Credit (LC) / Documentary Credit.|
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Updated : Jan 24, 2019