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.
The 1-year implied yield on the dollar-rupee forward was in a 15-basis points (bps) range | Image:
PTI
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12:38 IST, July 16th 2024