By Nimesh Vora and Jaspreet Kalra MUMBAI, Feb 23 (Reuters) - The Indian central bank's reliance on using the non-deliverable ...
By Dharamraj Dhutia MUMBAI, Feb 23 (Reuters) - The Indian rupee eked out a gain versus the dollar on Monday, as hedging interest from importers and upcoming maturities in forward contracts undercut ...
Selling dollar/rupee forwards in the NDF market lets the Reserve Bank of India support the ‌rupee without an immediate drain on foreign exchange reserves or domestic liquidity ...