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.
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 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.
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.