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Rinku Das (Hazra)
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Reserve Bank of lndia

STATEMENT OF COMMITMENT TO THE FX GLOBAL CODE

Reserve Bank of lndia has reviewed the content of the FX Global Code (“Code”) and
acknowledges that the Code represents a set of principles generally recognised as good
practice in the wholesale foreign exchange market (“FX Market”). The Bank confirms that
it acts as a Market Participant as defined by the Code and is committed to conducting its
FX Market activities (“Activities”) in a manner consistent with the principles of the Code.
To this end, it has taken appropriate steps, based on the size and complexity of its
Activities, and the nature of its engagement in the FX Market, to align its Activities with
the principles of the Code.

(M. Rajeshwar Rao)
Executive Director
Reserve Bank of lndia
Date: April 18,2019