India's central bank has moved to shore up the rupee with a sweeping set of emergency measures,like capping banks' currency positions, and banning rupee non-deliverable forwards, as the currency ...
Under the arrangement, RMB will feed its pricing and liquidity engine into SGX FX, allowing institutional clients to access ...
On April 1, the RBI directed authorised dealer banks to discontinue offering non-deliverable derivative contracts involving ...
MUMBAI, Dec 23 (Reuters) - Bankers are urging the Reserve Bank of India to intervene as a surge in dollar liquidity heading into year-end and pressure in the non-deliverable forward market have pushed ...
The Reserve Bank on Monday partially withdrew directives taken on April 1 to curb excessive speculation in rupee. Under the ...
MUMBAI, Mar 30 (Reuters) - The Indian rupee's recovery on Monday faltered, as corporates entered arbitrage trades between the onshore spot market and non-deliverable forwards opened up by the ...
10don MSN
Indian banks hold back on NDF contracts for clients despite RBI loosening curbs, sources say
By Nimesh Vora MUMBAI, April 21 (Reuters) - Indian banks are still holding back from offering Indian rupee non-deliverable ...
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