Rupee weakens slightly as NDF maturity, corporate hedging spurs dollar bids
The Indian rupee gave up initial gains to settle marginally weaker on Wednesday, as hedging interest from importers and the ...
Rupee gives up gains to end at 86.89 against
The currency rose to a two-week high of 86.47 in early hours of trading. The Reserve Bank of India likely intervened in the ...
Bloomberg L.P.1mon
Bloomberg Currency Indices
FX Forward and FX Non-Deliverable Forward (NDF) products. FX Allocation Indices contain predefined baskets with rules-based construction, and our Beta Indices feature rolling schedules and ...
Rupee weakens to fresh low of 87.577 against US dollar
The Indian rupee weakened to an all-time low of 87.582 per dollar on persistent dollar demand and large-scale sales of local ...
Mint29d
RBI to continue interventions in forex market, despite tight liquidity
The central bank intervenes in the NDF market to manage rupee volatility without depleting a large amount of forex reserves until the maturity of the contract. “This is visible in a surfeit of ...
Reuters28d
Rupee slips; RBI intervention blunts dollar bids spurred by NDF maturity
The NDF maturity-spurred dollar bids also meant that ... said Amit Pabari, managing director at FX advisory firm CR Forex.
Reuters1mon
Rupee hits record low; state-run, foreign banks' dollar sales cap fall
The currency was under pressure through much of the session amid broad-based dollar demand prompted by maturing positions in the NDF market. State-run banks were spotted offering dollars ...