This is one of the reasons why the government of India has banned the usage of cash in foreign currency exchange markets. According to this law, only a person who is an employee of the Indian government, bank, or a financial agent acting on behalf of any of the government departments will be allowed to deal on behalf of the government. This law clearly says that only government officials can be able to trade in the foreign exchange market. Since many government officials cannot gain access to the market to trade, the demand for how to trade in Zerodha is not high.
This is one of the reasons why the government of India has banned the usage of cash in foreign currency exchange markets. According to this law, only a person who is an employee of the Indian government, bank, or a financial agent acting on behalf of any of the government departments will be allowed to deal on behalf of the government. This law clearly says that only government officials can be able to trade in the foreign exchange market. Since many government officials cannot gain access to the market to trade, the demand for how to trade in Zerodha is not high.
No comments:
Post a Comment