V Balasubramaniam, MD & CEO, India INX said, "We being the leading exchange in GIFT IFSC, welcomes this move and looks forward to launch the Rupee-Dollar Futures and Options trading once the approvals from Sebi and RBI are taken. This is a welcome move to Onshore the offshore rupee-dollar markets which have been migrated to other international financial centres. We expect a lot of participants to now be attracted to the IFSC, and similar to other asset classes like equity index and gold, we look forward to build significant liquidity."