Rupee dragged by weaker Asian peers, held up by central bank line
Rupee set to open largely flat against the US dollar The 1-month non-deliverable forward (NDF) suggests the Indian rupee will open largely unchanged against the US dollar. The NDF reference follows the rupee’s Friday close at 88.7425 per dollar. What the 1-month NDF means The 1-month NDF is a short-term forward contract that gives a … Read more