Investors in West Asia can now trade in Indian currency with Dubai Gold and Commodity Exchange announcing on Wednesday the launch of world's first Rupee Currency Contract.
Last month saw DGCX record the highest volumes, as trades in futures contracts across the bourse crossed one million contracts.
In another development, Carlyle Group of the District said it was selling a 7.5 per cent share of its general ownership to an investment group owned by the government of Abu Dhabi, which like Dubai is part of the oil-rich United Arab Emirates.
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