RBI dials down on NDFs to fight dollar
Mint Bangalore|December 19, 2024
The central bank has started to rein in its ballooning non-deliverable forwards (NDFs) book, according to people familiar with the matter, shifting away from one of its key tools to push back against the strong dollar.
Bloomberg

The Reserve Bank of India has recently let some short dollar positions in the overseas market expire without rolling into new contracts, the people said, asking not to be named. The contracts had maturities of between one and three months, the people said.

هذه القصة مأخوذة من طبعة December 19, 2024 من Mint Bangalore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 19, 2024 من Mint Bangalore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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