On February 17, 2026, the Reserve Bank of India (RBI) released draft Directions on Foreign Exchange Dealings of Authorised Persons. The RBI invites comments on the draft Directions from market participants, stakeholders, and interested parties by March 10, 2026. Comments and feedback can be submitted by email with the subject line "Feedback on Draft Directions on Foreign Exchange Dealings of Authorised Persons” or forwarded to The Chief General Manager, Reserve Bank of India, Financial Markets Regulation Department, 9th Floor, Central Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The RBI has been refining foreign exchange market regulations based on evolving needs and market feedback to provide Authorised Dealers (ADs) greater flexibility with respect to foreign exchange products, risk management and platforms. The draft directions are issued for public consultation, as announced in the Statement on Developmental and Regulatory Policies dated February 06, 2026. The press release number is 2025-2026/2130. Brij Raj is the Chief General Manager.
Key Entities Referenced
Draft Directions on Foreign Exchange Dealings of Authorised Persons: Draft directions released by RBI regarding foreign exchange dealings, inviting public feedback.
Reserve Bank of India: The central bank releasing the draft directions and inviting feedback.
Statement on Developmental and Regulatory Policies: Referenced policy statement related to the released draft directions.
Mumbai: Location of RBI's Central Office where feedback can be sent.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
February 17, 2026
RBI releases draft Directions on Foreign Exchange Dealings
of Authorised Persons
The Reserve Bank of India has today released the draft Directions on Foreign
Exchange Dealings of Authorised Persons. Comments on the draft Directions are
invited from market participants, stakeholders and other interested parties by March
10, 2026.
The comments / feedback may be submitted by email with the subject line
“Feedback on Draft Directions on Foreign Exchange Dealings of Authorised Persons”
or forwarded to:
The Chief General Manager
Reserve Bank of India
Financial Markets Regulation Department
9th Floor, Central Office Building
Shahid Bhagat Singh Marg, Fort
Mumbai – 400 001
Background
The Reserve Bank has been refining the regulations governing the foreign
exchange market based on evolving needs and market feedback. As part of this
endeavour, the regulations governing the facilities for Authorised Dealers (ADs) in the
foreign exchange market have been reviewed to provide the ADs with greater
flexibility with respect to foreign exchange products, risk management and platforms.
As announced in the Statement on Developmental and Regulatory Polices dated
February 06, 2026, the draft directions in this regard are being issued for public
consultation.
(Brij Raj)
Press Release: 2025-2026/2130 Chief General Manager