New Delhi, Feb. 18 -- The Reserve Bank of India (RBI) on Tuesday released draft Directions on 'Foreign Exchange Dealings of Authorised Persons', proposing wider operational flexibility for authorised dealers and easing certain reporting requirements.

The central bank has invited comments from market participants and stakeholders on the draft framework by March 10, 2026.

Greater Flexibility for Authorised Dealers

According to the RBI, the regulatory framework governing facilities for Authorised Persons and inter-bank foreign exchange transactions has been reviewed and refined.

The proposed changes seek to provide greater flexibility to authorised dealers in handling foreign exchange products and undertaking transactions related to hedg...