Rupee volatility drives currency volumes on NSE to an all-time high
The volatility in rupee contributed to raising the average daily turnover of currency derivatives by 47% to ₹1.29 tn in the 6 months to Sep
Source: livemint.com
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The volatility in rupee contributed to raising the average daily turnover of currency derivatives by 47% to ₹1.29 tn in the 6 months to Sep
All eyes will be on the weekly forex reserves data, which is under pressure because of the volatility in rupee, while Indonesia’s decision to lift ban on palm oil exports could lead to correction in prices. An early onset of the monsoon will provide relief from extreme heat and may bode well for the Indian economy