Tag: forex derivatives
Posted in Economy
Rupee strengthens to 95.05 a dollar while forward premiums hit four-year high amid RBI measures
The rupee ended 10 paise stronger at 95.05 a dollar Thursday while forward premiums surged to over four year high in a shallow market. The…
Posted in Economy
RBI steps in to support rupee as currency nears record low; tightens forex rules
The Reserve Bank of India has stepped in to support the rupee with a slew of measures as the currency continued to reel under pressure…