The overseas alternate hedging price, which plunged after the central financial institution delivered a ‘tremendous dovish’ financial coverage on February 10, modified path after the announcement of a $5-billion dollar-rupee sell-buy swap public sale on Monday. The one-year dollar-rupee ahead premia shot up virtually 18 bps after the announcement, however moderated by the top of the buying and selling session on Wednesday, closing at 4.19 per cent.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Already a premium subscriber? LOGIN NOW
SUBSCRIBE TO INSIGHTS
What you get on Enterprise Commonplace Premium?
First Printed: Thu, February 24 2022. 06:10 IST