The Indian rupee closed at its weakest closing level on record for the eighth consecutive session on Thursday, as a widened arbitrage between the non-deliverable and outright forwards market added to ...

The Indian rupee closed at its weakest closing level on record for the eighth consecutive session on Thursday, as a widened arbitrage between the non-deliverable and outright forwards market added ...

The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two ...

The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian ...

The one-month non-deliverable forward indicated the rupee will open ... flushed out now that the RBI has intervened with intent," a currency dealer at a mid-sized private bank said.

The local currency remains under pressure as the heavy US Dollar (USD) demand in the non-deliverable forward (NDF) market has widened the arbitrage with the Indian onshore market. Additionally ...

The local currency remains under selling pressure amid ... However, the Reserve Bank of India's (RBI) intervention in NDF (non-deliverable forward) markets could prevent the INR from sharp ...

This update highlights the importance of accurate currency conversions in financial reporting, a crucial factor for investors and stakeholders. Investors are encouraged to note this correction as ...

Currency rates are representative of the Bloomberg Generic Composite rate (BGN), a representation based on indicative rates only contributed by market participants. The data is NOT based on any ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.