Published 12:38 IST, July 16th 2024
Rupee forward volumes drop on lack of arbitrage, listless price action
The dollar-rupee forward premium market is used by companies to hedge their future foreign currency receivables and payments.
![rupees-dearness-allowance](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rbharatimage/rupees-dearness-allowence-170982469647116_9.webp)
The 1-year implied yield on the dollar-rupee forward was in a 15-basis points (bps) range | Image:
PTI
- Listen to this article
- 2 min read
Advertisement
12:38 IST, July 16th 2024