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Economy

RBI issues guidelines to prevent market abuse

Updated : March 16, 2019 06:23 AM IST

Market participants, either acting independently or in collusion, shall not undertake any action with the intention to manipulate the calculation of a benchmark rate or a reference rate, the RBI said.
Also, no market participant would carry out a transaction or initiate any action with the sole or dominant intention of influencing a benchmark rate or a reference rate.
RBI issues guidelines to prevent market abuse

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