This has included LCH ForexClear supporting the November 2023 launch of LSEG’s NDF Matching, backed by the Monetary Authority of Singapore. This platform was the first to incorporate participants' pre ...

When rupee fell to a record low in October 2022, the USD/INR 3-month rate on NDF was about 40 paisa higher than onshore. This fuelled more demand for dollars onshore, adding pressure on the rupee.

MUMBAI (Reuters) - India's central bank is easing restrictions on banks' arbitrage trades between the outright foreign exchange over-the-counter (OTC) and the non-deliverable forward (NDF) markets ...

"The idea behind broadening NDF access is to make way for a market that is available beyond OTC hours and provide more flexibility with hedging. Continuing with the exposure requirement will not ...

The move will deploy Integral’s platform across Phillip Nova’s NDF and FX instruments and will incorporate the fintech’s fixed-fee subscription model across the combined offering to target growing NDF ...

They were earlier permitted to transact in rupee NDF forex derivatives contracts with non-residents and with other eligible banks. MUMBAI (Reuters) -The Reserve Bank of India said it is proposing to ...

Indian residents will likely need to provide proof of exposure to foreign exchange risks to take advantage of the Reserve Bank of India's opening up of the non-deliverable forward market, bankers said ...

India Business News: MUMBAI: Indian residents will likely need to provide proof of exposure to foreign exchange risks to take advantage of the Reserve Bank of India's open.