Rupee’s plunging volatility leaves investors guessing RBI moves

The one-month implied volatility of the Indian rupee versus the dollar has collapsed to its lowest rate since 2005, prompting concerns that the Reserve Bank of India (RBI) will relax its grip on the currency. The rupee's historical volatility is the lowest in Asia over the past year.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MANBDxV