The reference rate, or the daily fix, was last quoted at a 0.65/0.90 paisa premium, signalling strong dollar bids, per the trader. The NDF maturity-spurred dollar bids also meant that the rupee ...
"Unless we see a major change in the outlook of the dollar, you can't expect NDF to let up" and the rupee will "labour", a currency trader at a bank said. The dollar index , hovering at its ...
MUMBAI (Reuters) -The Indian rupee hit a lifetime low on Thursday, pressured by a rise in U.S. bond yields and strong dollar bids in the non-deliverable forwards (NDF ... a trader at a private ...