India’s Net Forward Dollar Sales to Aid Rupee Near $100 Billion
India ramped up use of a key tool for defending the rupee to record levels as the currency weakened to an all-time low against the dollar, according to people familiar...
By Subhadip Sircar, Bhaskar Dutta · Bloomberg Markets
India ramped up use of a key tool for defending the rupee to record levels as the currency weakened to an all-time low against the dollar, according to people familiar with the matter.