Archive · 24 Sep 2025
RBI Renews Commitment to Forex Global Code
The Reserve Bank of India (RBI) has renewed its commitment to the FX Global Code.
This code provides global principles for good practice in the foreign exchange market.
It was created by central banks and market participants worldwide in 2017.
The code aims to ensure the fairness and smooth operation of the wholesale foreign exchange market.
The RBI's renewed commitment means they will follow these guidelines.
This commitment was renewed on September 24, 2025.
RBI signed a renewed Statement of Commitment to the FX Global Code.
The FX Global Code sets global principles for the FX market.
The code aims to promote integrity in the wholesale FX market.
It was developed by central banks and market participants.
The code was first published in 2017.
- Who
- Reserve Bank of India (RBI)
- What
- Signed renewed commitment to FX Global Code
- When
- September 24, 2025
- Where
- N/A
- Why
- To promote integrity and effective functioning of the FX market
- Organization
- Reserve Bank of India (RBI)
- Action
- Renewed Statement of Commitment to FX Global Code
- Code Purpose
- Promote integrity in FX market
- Developed by
- Central banks and market participants
- Original Publication
- 2017
- Publication Date
- September 24, 2025
