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The rupee ended at 87.4950 against the U.S. dollar compared with 87.20 in the previous session. The domestic unit fell 1% in February, and slipped to an all-time low of 87.95 during the month.
- The ceiling on foreign exchange forwards, swaps and other derivatives of domestic non-financial companies will be reduced to 100 percent of their physical trade from a 125 percent cap introduced ...
The Indian rupee logged its worst day in three weeks on Tuesday, weighed down by weakness in regional peers, importer hedging and dollar demand related to the expiry of non-deliverable forward ...
2024 has been a record-breaking year for FXSpotStream (FSS), setting new highs in all products including its offering in non-deliverable forwards (NDFs). FSS continued to develop its offering to ...
HAMILTON, Bermuda, May 12, 2025 /PRNewswire/ -- 24X Bermuda Limited ("24 Exchange") today announced the launch of FX Non-Deliverable Swaps (NDS) trading, expanding the company's range of FX ...
These non-deliverable forwards (NDFs) have emerged as a key workaround for US and European investors who are otherwise restricted from direct ruble access, as the currency has surged 20% this year.