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Friday, October 7, 2022

RBI intervening in NDF market, monitoring rupee positions: Report

The Reserve Bank of India has been selling dollars in the non-deliverable forward (NDF) market via local banks based in India's GIFT City International Financial Services Centre, as it seeks to support the sliding rupee, traders said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/n4v6W8j
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