Traders said the RBI may be trading dollar-rupee swaps, pushing forward premiums lower. The implied one-year forward yield on the dollar-rupee fell to 2.28%, the lowest since Dec. 26.

2025-01-22

Traders said the RBI may be trading dollar-rupee swaps, pushing forward premiums lower. The implied one-year forward yield on the dollar-rupee fell to 2.28%, the lowest since Dec. 26.