The Indian rupee weakened to its lifetime low on Tuesday, pressured by strong dollar bids spurred by the maturity of ...

Trading volume in dollar-rupee non-deliverable forwards (NDF) at India's offshore finance hub soared to a record high in ...

Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, ...

Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been ...

The Indian rupee edged lower on Friday, trading at 86.5850 against the U.S. dollar by 09:55 a.m. IST, compared to its ...

Additionally, market participants holding long rupee assets have hedged their exposure through the NDF market, Sameer Karyatt, executive director and head of trading at DBS Bank India said ...

MUMBAI (Reuters) - The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the rupee and ...