# Query on Currency derivatives trading post 04 April 2024 in view of RBI circular dated 05 Jan 2024

**URL:** https://tradingqna.com/t/query-on-currency-derivatives-trading-post-04-april-2024-in-view-of-rbi-circular-dated-05-jan-2024/161976
**Category:** F&O
**Created:** [March 7, 2024, 1:13am UTC](https://tradingqna.com/t/query-on-currency-derivatives-trading-post-04-april-2024-in-view-of-rbi-circular-dated-05-jan-2024/161976 "2024-03-07T01:13:36Z")
**Posts on this page:** 1
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### Author: ![mohitmehra](https://tradingqna.com/user_avatar/tradingqna.com/mohitmehra/32/14820_2.png) [@mohitmehra](https://tradingqna.com/u/mohitmehra)
#### Post date: [March 7, 2024, 6:01am UTC](https://tradingqna.com/t/query-on-currency-derivatives-trading-post-04-april-2024-in-view-of-rbi-circular-dated-05-jan-2024/161976/2 "2024-03-07T06:01:52Z")

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Hi @adityasingh.as27,

We are seeking clarity on this from our legal counsels. The present understanding we have is monitoring this will work similar to the position limits in the currency segment:

 ![image](https://tradingqna.com/uploads/default/original/3X/3/f/3f46fb3d2abf67ea9a2c82e0999c837e5d7d0066.png)

Although brokers need to monitor this today, the RBI circular makes mention of the 100 million USD equivalent limit being relaxed in case of a hedging requirement. Once we know more, I’ll share here.

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