Indian rupee FX premiums jump after RBI policy leaves traders bracing for more sell/buy swaps
viaeconomictimes.indiatimes.com7 Oct
On Wednesday, after the Reserve Bank of India’s policy meeting, dollar-rupee forward premiums soared, marking the highest implied 1-year dollar/rupee forward premium seen in six months. With traders expecting more foreign exchange swaps as part of the RBI’s liquidity management strategy, the spot…
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