On the day, gains in most Asian currencies were of little help to the rupee in the face of heightened dollar demand driven by banks exploiting arbitrage opportunities between the NDF and onshore ...

MUMBAI, Jan 9 (Reuters) - Trading volume in dollar-rupee non-deliverable forwards (NDF) at India's offshore finance hub soared to a record high in December as banks and companies lapped up ...

MUMBAI, Jan 2 (Reuters) - The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the ...

The Indian rupee hit a lifetime low on Thursday, pressured by a rise in U.S. bond yields and strong dollar bids in the non-deliverable forwards (NDF) market while the central bank likely stepped ...