Searched for
OFFSHORE SPOT MARKET
Indian crypto traders are moving to futures. Here's where the math actually worksWazirX Futures brings direct INR access, the lowest fees in the domestic market, and built-in risk guardrails to a segment that has quietly...
Nasdaq gets SEC nod to list Bitcoin index options. Here’s why it mattersThe SEC has greenlit Nasdaq's Bitcoin index options, a significant move integrating Wall Street with digital assets. These cash-settled, Eu...
Yuan to top Yen in currency options trading: LCHThe yuan is poised to surpass the yen as the second-most traded currency against the dollar in foreign-exchange options, according to LCH. ...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
RBI moves to curb rupee volatility after sharp FY26 slideThe Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...
Defending the rupee: Understanding the RBI’s new rules. Will they work?The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...
NDF difference swings as banks stay away from usual forex betsNew RBI curbs on net open rupee positions created volatility in dollar-rupee forwards. Initially, the gap between domestic and overseas rat...
Rupee-NDF premium up after RBI moveBanks scrambled to adjust positions Monday after the RBI's new $100 million cap on net open rupee exposure. This directive forced them to u...
China's yuan hits 5-month low, strong official fix limits lossesEarlier in the day, the central bank kept a key policy interest rate steady as widely expected when rolling over maturing medium-term loans...
China moves to support yuan as stock markets tumble - sourcesChina's major state-owned banks moved to support the yuan on Monday, tightening liquidity in the offshore foreign exchange market while act...
China's state banks seen selling dollars offshore to slow yuan declines: SourcesChina's central bank on Thursday also announced a relaxing of a cross-border financing rule, making it easier for domestic firms to raise f...
RBI asks banks to stop building positions in offshore market, say bankersThe RBI's informal communication to local bankers is a step back from the directions it issued in June 2020, when it allowed banks operatin...
New RBI paper takes forward discussion on links between NDF, onshore forex marketThe NDF market essentially permits investors to trade in non- or partially convertible currencies (such as the Indian rupee) with the settl...
Offshore dollar demand aggravates rupee’s plightIn past few weeks, the rupee has been hitting record low levels, with 72.92 being the latest lifetime low.
Will RBI measure cap arbitrage opportunity in rupee-dollar?RBI cannot regulate the overseas rupee-dollar derivative market, known as non-deliverable forwards market, which is widespread among curren...
China's yuan hits highest since devaluation, boosted by firmer midpoint fixYuan rose against the dollar on Monday to its highest level since its surprise devaluation on August 11, after the central bank set a stron...
China's yuan falls to two-month lows as central bank sets weaker midpointThe yuan traded weaker than the official guidance rate first time since late September, as appetite for the currency wanes.
'Offshore trading in Re affects local spot rates’Rupee bets in the overseas currency markets influence the domestic currency levels, especially when the rupee is losing ground to the dolla...
- Rupee drops to 2-month low on arbitrage
The Indian rupee dropped sharply to two-month lows on Tuesday as banks bought dollars in the spot market to arbitrage offshore, while share...
- Re options turn costly as premia jump four times
Increased volatility in the spot rupee market has made it more expensive for banks and exporters to pick up rupee options. Option premia ha...