The dollar index has rallied more than 3% since Donald Trump won the US presidential election on November 5. The rupee fell just 0.8% at that time, making it the second-best among major Asian currencies, largely due to the RBI's intervention. This intervention has stretched across segments: buying and selling dollars in the onshore spot and forward markets, taking positions in local currency futures and in the non-deliverable forward (NDF) market.
"The amount of intervention has been quite substantial... We can say intervention is a little bit stretched but, at the same time, it is a call that the RBI must take," said B. Prasanna, head of global markets at ICICI Bank.
この記事は Hindustan Times West UP の December 14, 2024 版に掲載されています。
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この記事は Hindustan Times West UP の December 14, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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