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Thursday, August 22, 2019

Task force against India banks’ overseas branches catering to rupee NDF market

The task force had indicated that the 2016 BIS survey (the next one will be released later in 2019) showed offshore trades in the rupee were more or less equal to deliverable onshore forwards; around $16 billion daily.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TPnbyG

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