| http://www.w3.org/ns/prov#value | - rties to the contract agree to buy or sell a security or a commodity at an explicit price on a future date.The Reserve Bank of India (RBI) has also issued circulars pursuant to the Foreign Exchange Management Act (FEMA) laying down guidelines for regulating residents and the banks while dealing with forward contracts or other forms of derivatives.[2] The essence of the circular is that the transac
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