Soaring offshore FX swaps signal anxiety over Indian rupee outlook
The one-year dollar/rupee non-deliverable currency swap, which factors in the cost of hedging rupee exposure, has jumped more than 90 bps, reflecting pressure from hedging and speculative flows
The one-year dollar/rupee non-deliverable currency swap,
which factors in the cost of hedging rupee exposure, has jumped
more than 90 bps, reflecting pressure from hedging and
speculative flows
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