By Jaspreet Kalra MUMBAI, Feb 24 (Reuters) - The Indian rupee closed modestly weaker on Tuesday, weighed down by a drop in ...
By Nimesh Vora and Jaspreet Kalra MUMBAI, Feb 23 (Reuters) - The Indian central bank's reliance on using the non-deliverable forward market to manage rupee volatility is expected to weigh on the ...
According to Mohammadi, of the mentioned figure $23.75 billion has been invested in oil and gas projects, $6.748 billion in industrial projects, $4.617 billion in power plant construction, $583 ...
Speaking in a conference on Sunday, Mehdi Ghazanfari said NDF has loaned more than $100 billion to the governments which should be repaid to the fund. “Governments have so far received more than 100 ...
The Indian rupee (INR) slumped to a record low of 59.98 against the US dollar on June 20 throwing a fresh challenge to the authorities to revive the flagging economy. The local currency tanked more ...
NDFs have established themselves as an important cog in the FX machine. According to the latest Bank for International Settlements (BIS) triennial survey, total NDF daily turnover was $127 billion, as ...
MANILA, Philippines — The National Democratic Front (NDF) has announced its decision to re-enter formal peace talks with the Philippine government after six years. The decision, the NDF said, is based ...
Selling dollar/rupee forwards in the NDF market lets the Reserve Bank of India support the rupee without an immediate drain on foreign exchange reserves or domestic liquidity ...
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