Rupee extends rise but falters past 95/USD on importer hedging, outflows
Rupee extends rise but falters past 95/USD on importer hedging, outflows Reuters Rupee rises 19 paise to close at 95.17 against U.S. dollar The Hindu Open To More Steps To Defend Rupee, Curb Forex Speculation: RBI Governor NDTV RBI's FERR rule puts banks' own FX hedges under pressure; lenders seek alternative to 20% cash reserve bfsi.economictimes.indiatimes.com...
Key Takeaways
- Rupee extends rise but falters past 95/USD on importer hedging, outflows Reuters Rupee rises 19 paise to close at 95.17 against U.S.
- dollar The Hindu Open To More Steps To Defend Rupee, Curb Forex Speculation: RBI Governor NDTV RBI's FERR rule puts banks' own FX hedges under pressure; lenders seek alternative to 20% cash reserve bfsi.economictimes.indiatimes.com India importers press on with rupee hedges despite RBI's higher-cost deterrent MSN
- Full details and original dispatch available below.
Rupee extends rise but falters past 95/USD on importer hedging, outflows Reuters Rupee rises 19 paise to close at 95.17 against U.S. dollar The Hindu Open To More Steps To Defend Rupee, Curb Forex Speculation: RBI Governor NDTV RBI's FERR rule puts banks' own FX hedges under pressure; lenders seek alternative to 20% cash reserve bfsi.economictimes.indiatimes.com India importers press on with rupee hedges despite RBI's higher-cost deterrent MSN
Original Publisher Attribution
This summary was curated from Reuters.