Such investors use NDF or Non-deliverable Forwards within the non-deliverable forward market to trade in currency outside India. But before you learn everything about an NDF, there are a few ...
The Reserve Bank of India (RBI) has of late been taking positions in the non-deliverable forward (NDF) market to manage currency fluctuations, reflecting pressure on the rupee. Traditionally ...
THE surge in the Indian central bank’s position in the non-deliverable forward market (NDF) reflects the extent of pressure on the rupee and suggests that the currency – already at a lifetime low – ...
MUMBAI, Nov 6 (Reuters) - The Indian rupee declined in the non-deliverable forward market, bogged down by a jump in the dollar index and weakness in Asian peers amid U.S. election updates.