RBI crackdown on rupee bets drives India’s dollar hedging to 8-month low
Buying of forward dollars, or commitments by companies to acquire the US currency at a later date, fell 35% in October from a record high the previous month…
Attributed summary
Buying of forward dollars, or commitments by companies to acquire the US currency at a later date, fell 35% in October from a record high the previous month to $49.5 billion
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