May 08, 2015 at 17:59 | Source: Moneycontrol.com
CARE Ratings has come out with its report on Rupee. According to the rating agency, Rupee can slide further towards Rs 65.
Sep 16, 2014 at 12:44 | Source: Moneycontrol.com
Karvy expects the USDINR Pair's day movement could be towards the appreciating side. One can see an opportunity in selling from higher levels.
Apr 01, 2014 at 17:21 | Source: PTI
"This is determined by improving the hedging environment for foreign investors in India. It is not necessarily to combat the NDF market but primarily to improve the (hedging) environment in the country," the RBI Governor Raghuram Rajan said.
Mar 27, 2014 at 16:34 | Source: Moneycontrol.com
Jamal Mecklai, CEO of Mecklai Financial explains what is the NDF market and how does it influence the rupee.
Jan 30, 2014 at 08:35 | Source: CNBC-TV18
Much will depend on what happens in the equity markets. Yesterday saw FII selling as well and if there is a follow through of the nature we saw on Monday, then 63/USD could be taken pretty easily.
Dec 14, 2013 at 13:15 | Source: PTI
NDF is a forex derivative instrument, traded over the counter and operated in currencies that are freely convertible unlike the rupee. The rising volumes of rupee trade in the NDF abroad could adversely affect value of the domestic currency.
Nov 06, 2013 at 18:38 | Source: CNBC-TV18
The move comes as the positions taken in the NDF markets abroad were seen to be as one of the prime reasons for the weakening of the currency.
Oct 04, 2013 at 17:56 | Source: Moneycontrol.com
The USDINR pair is moving gradually towards its fair value and we see USDINR in a band of 60.50-63.50 in the short-term. However, it would be difficult for the pair to trade sub 60 in the absence of any significant domestic policy reforms. See the USDINR ending the December quarter at 64.00 handle against the US dollar, says Nirmal Bang.
Sep 26, 2013 at 13:36 | Source: Reuters
The offshore market in the partially convertible rupee has flourished, with average daily trading volumes rising to about USD 5 billion a day earlier this year from a few hundred million dollars in 2006, traders say.
Sep 15, 2013 at 16:20 | Source: PTI
The reported crackdown on speculative trading in the non-deliverable forwardmarket by the government and steps taken by recently-appointed RBI Governor Raghuram Rajan brought stability to the forex market last week, analysts and treasury heads say.