Welcome to FEMTA

Supporting Forex Professionals, Money Transfer Experts, and Legal Compliance

FEMA Draft Response Webinar

Date: May 9, 2025

Addressed the new FEMA draft’s impact on trade and compliance strategies.

Forex Market Update Session

Date: May 10, 2025

Discussed the rupee’s 7-month high, RBI interventions, and market outlook.

Networking Event: Gold Reserves Strategy

Date: May 12, 2025

Explored the RBI’s 58-tonne gold reserve increase and its forex implications.

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USD/INR: 85.45 | EUR/INR: 89.50 | GBP/INR: 108.20 | JPY/INR: 0.56 | Forex Reserves: $686.06B (May 2025) | Market Size: $30.7B (2024)

About FEMTA

The Foreign Exchange and Money Transfer Associations (FEMTA), established in 2017 (Reg. No.: 24 of 2017), is dedicated to empowering professionals in India’s regulated forex and money transfer sectors. We emphasize legal compliance under FEMA, education, and community support, helping members navigate the $30.7B Indian forex market responsibly.

Forex & Money Transfer Insights

Rupee Trends

The rupee hit a 7-month high in May 2025, driven by record GST collections and low inflation, but faces bearish pressure from geopolitical tensions.

RBI Policy Updates

RBI cut the repo rate to 6% in 2025, with more cuts expected in FY26. It transferred ₹3–3.5T to the government, reflecting strong reserve management.

Regulatory Developments

FEMA updates in Jan 2025 allow INR accounts for non-residents, promoting cross-border INR trade. FIMMDA was recognized as an SRO in Apr 2025.

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