Mumbai, April 2 -- Amid sharp depreciation in the rupee, the Reserve Bank on Wednesday announced more actions focused on authorised dealers (ADs). On a review of evolving market conditions, it has been further decided that authorised dealers shall not offer non-deliverable derivative contracts involving INR to resident or non-resident users, RBI stated. Authorised Dealers may, however, continue to offer deliverable foreign exchange derivative contracts to users to meet their hedging requirements provided that the user does not undertake offsetting non-deliverable derivative positions. Moreover, authorised dealers shall not permit a user to rebook any foreign exchange derivative contract involving INR, whether deliverable or non-deliverabl...