India Forex - All About The Indian Currency Trade
Welcome to IndiaForex.net, a look at the foreign exchange trade in India. International trade in the Rupee was light and heavily regulated for much if India's history. In fact, India was a closed economy until the early 1990s. Possession and trade of foreign currency in India was tightly regulated under then Foreign Exchange Regulation Act. In 1999, however, the Parliament of India replaced this draconian regime with the more open Foreign Exchange Management Act. Today, the Indian foreign exchange trade is booming.
Now that India is a major player in the modern currency markets, it's important for an aspiring currency trader to become familiar with the international trade in the Indian Rupee. This site can help you get started on your way. Have a look around, and enjoy.
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