BSE notified regarding the conversion factor for converting from USD to GBP, EURO, and YEN

Mar 27, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on March 27, 2023, notified regarding the conversion factor for converting from USD to GBP, EURO, and YEN.

This is in respectively informing the trading members regarding the revision of limits relating to the requirement of underlying exposure for Currency Derivatives contracts.

The trading members are now informed that the conversion factor from April 27, 2023, is as follows.

•USD to EURO0.93

•USD to GBP0.82

•USD to JPY132.45

[Notification No. 20230327-35]


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