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Foreign Exchange Dealers' Association of India -FEDAI.
       
 
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Foreign Exchange Dealers' Association of India -FEDAI.

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Foreign Exchange Dealers' Association of India -FEDAI.
A group of banks and financial institutions that deal in foreign Exchange transactions in India.
    
FEDAI sets transaction commissions and trading rules and guidelines. It is a  self regulatory body& It's major activities include framing of rules governing the conduct of inter-bank foreign Exchange business among banks vis-à-vis public and liaison with RBI for reforms and development of forex market.
Posted by  Institute for International Research, Opal Financial Group
 
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