Foreign Exchange Market Growth in India. The Forex exchange market was started in India when the Government allowed all the banks to trade currency exchange to each other. The overall growth of Forex exchange market in India was very less before 15-20 years but in 2002 to 2019 the average volume of Forex trade has increased more than tripled. Today's India is the fastest developing country in the world for economic and international relations and Exchange market is growing continuously as it has become economic need of common citizen and having a largest trade center and investment volume. India has a big global rate exchange network throughout the country and all the major nationalized banks, RBI, agents and brokers are involved in this. Forex/Currency exchange has become India’s largest financial market and all bank corporate its main role of success. There are two major impact of fasted growing market. The first is market nev...