The Indian rupee is likely to decline at open on Wednesday weighed by the currency's weakness in the non-deliverable forward ...
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 ...
The 1-month non-deliverable forward indicated that the rupee will open at 87.14-87.16 to the US dollar compared with 87.0675 ...
The Indian rupee closed nearly unchanged at 86.54 per dollar, supported by RBI intervention amid early pressure from dollar ...
Strong dollar bids related to the maturity of positions in the NDF market is likely to keep sizeable gains at bay for the rupee on Tuesday, a trader at a bank said. The dollar-rupee daily fix was last ...
The rupee is set to cross the 86 level in the coming weeks, they said. There were reports that the rupee crossed the 86 level in the non-deliverable forward (NDF) market.A major reason for the ...
However, market signals indicate a dampened bearish bias in January, with cooling NDF points and lower volatility ... There is "good two-way" interest at the current level, a currency trader at a bank ...
On the other hand, persistent foreign portfolio outflows and heightened US Dollar (USD) bids in the non-deliverable forwards (NDF) market might weigh on the INR. Investors will closely monitor the ...
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The non-deliverable forward (NDF) market has generally been implying a CNY appreciation since late 2022. This has not changed in recent months, with NDFs still pricing appreciation across the 1 ...