The cost of covering unhedged currency risks in the derivative markets surged on Monday, potentially affecting companies with large import bills, with the one-month onshore forwards premium on the rupee-dollar pair spiking up to 360 basis points through the trading session.
from Economic Times https://ift.tt/3xLwGSP
from Economic Times https://ift.tt/3xLwGSP
Forwards premium on Rupee-Dollar soars up to 360 bps
Reviewed by SRISRI RAMTHAKUR KOTHA O BANI YOUTUBE CHANNEL
on
May 04, 2021
Rating:
No comments: