The Forex Association of India

The Forex Association of India, affiliated to "Association of Cambiste Internationale", Paris is a National Organisation whose members are Treasury Managers, Foreign Exchange Dealers and Foreign Exchange Brokers who are actively involved in Foreign Exchange Trading and Foreign Exchange Risk Management. The members of the Association are drawn from Foreign Exchange Dealing Rooms of all Nationalised Banks, Foreign Banks, Private Sector Banks, Reserve Bank of India and some Corporate Dealing Rooms.

Foreign Exchange Dealers in India represent Authorized Dealers i.e. commercial banks. They are front line users of the Foreign Exchange Market and their primary function is to be "price providers" to other users, viz., importers and exporters, and investors with inward and outward capital flows.

Forex Association of India is a self-financing body