Currency futures volumes key to RBI plan on FIIs' forex hedging
MUMBAI: The Reserve Bank of India's plan to allow foreign institutional investors (FIIs) to hedge their foreign exchange positions may not gain steam unless the market for currency futures returns encouraging volumes. The RBI is expected to come out …
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FOREX CURRENCY MARKET: Shares in China Fall as Australian Dollar …
STOCK markets in most of China declined anew Wednesday following a survey that indicated manufacturing output in the second largest economy in the globe remains to contract this month, while the Australian currency fell to its 2-week low after data …
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Syria defends pound with USm injection after 'market went a bit crazy'
Syria's central bank has launched its biggest currency intervention since the start of the country's political crisis, injecting US$ 20 million into the foreign exchange market. A currency auction was held on Tuesday after a meeting with bankers and …
Read more on The National
Currency futures volumes key to RBI plan on FIIs' forex hedging
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