To stem the INR fall, SEBI has directed exchanges to increase margin by 100% in Currency Derivatives Segment wef 11th July 2013.
All clients trading in Currency Derivative Segment are hereby advised to keep sufficient margin. In case of a margin shortfall a penalty could be levied due to the increase in margin.
For eg. if a client is having a margin liability of Rs. 1 lac for
USD-INR contracts in Currency Derivatives, his margin would become 2 lacs wef 11th July 2013.