Indian companies rushed to the non-deliverable forwards market, trading over seven billion dollars on March 30. This surge followed Reserve...

The Reserve Bank of India has banned banks from offering or rebooking rupee non-deliverable forward contracts. This move widens the gap bet...

India's central bank has deployed crisis-era measures to stabilize the rupee, which hit an all-time low due to soaring oil prices and massi...

The Reserve Bank of India's intervention to curb arbitrage trades has triggered a disorderly unwinding of bank positions, causing the rupee...

The Indian rupee faced pressure on Monday. Corporates exploited arbitrage opportunities between onshore and non-deliverable forward markets...

The Reserve Bank of India has stepped in to halt the rupee's fall. This move forces banks to unwind dollar positions, potentially leading t...

The Indian Rupee saw a strong rebound on Monday. This surge followed new regulations from the Reserve Bank of India. Banks now face tighter...

The Indian rupee is expected to rally as the Reserve Bank of India imposed curbs on onshore position limits, requiring banks to cap net ope...

Reserve Bank of India has introduced a bold new daily limit on the open rupee positions held by banks, aiming to counteract the rupee's wea...

The Reserve Bank of India has issued a new directive to banks. This rule limits their net open positions in the rupee to $100 million daily...

Banks have urged the Reserve Bank of India to reconsider its $100 million net open foreign exchange position cap, warning of significant ma...

The near-maturity rates on NDF and onshore are now almost at par while in the 1-year maturity, the spread - which reflects foreign investor...

The NDF market essentially permits investors to trade in non- or partially convertible currencies (such as the Indian rupee) with the settl...

When the spread widens beyond its average, entities straddling both the markets can simply buy dollar futures here and sell them on the NDF...

Savvy traders spotted a money-making opportunity as the dollar-rupee exchange rate differed widely between a bourse in Dubai and the NDF ma...

The spread between one-year forward contract in domestic market and NDF now stands at 60 paisa compared with about 100 paisa 3-4 months ago.

Widening bid-ask spreads on the NDF market have reduced the possibility of currency traders squaring-off positions on an intraday basis. Ba...