The major player in foreign exchange market are
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Foreign exchange market in India is relatively very small. The major players in that market are the RBI, banks and business enterprises. Indian foreign exchange market is controlled and regulated by the RBI. The RBI plays crucial role in settling the day-to-day rates.
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● Forex Market Players
● Commercial and Investment Banks.
● Central Banks.
● Businesses and Corporations.
● Fund Managers, Hedge Funds, and Sovereign Wealth Funds.
● Internet-based Trading Platforms.
● Online Retail Broker-Dealers.
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