India's new FX curbs sow confusion, bankers await clarity on dealing rupee derivatives
By Nimesh Vora and Jaspreet Kalra MUMBAI, Oct 13 (Reuters) — India's latest foreign-exchange curbs have sown confusion among bankers, with some taking a broad interpretation of the cash-margin requirement and holding back on quoting rupee forwards. Seven bankers Reuters spoke to on Tuesday said they did not plan to quo