After Gold, Forex Traders Brazenly Flout RBI Norms
  • Saba Ashraf
  • Jul 01 2013

Bloomberg TV India’s special investigation finds that it's not just foreign institutions that are speculating in the offshore market. Even as the rupee dives, money from Indian investors is being illegally remitted to tax havens for forex trading, a practice that is clearly prohibited by SEBI and the Reserve Bank of India.