The International Financial Services Centres Authority Act, 2019 · V — FOREIGN EXCHANGE TRANSACTIONS

Section 20. Transactions in foreign currency

In force · As amended up to 2026-08

CHAPTER V FOREIGN EXCHANGE TRANSACTIONS 20. Transactions in foreign currency . — Every transaction of financial services in an International Financial Services Centre shall be in such foreign currency as may be specified by regulations in consultation with the Central Government.

Source: India Code