In a development that could ease banks’ capital requirements for offshore non-deliverable forwards (NDF) trades, LCH has said to banks that it has complied with norms prescribed by the RBI for QCCPs, sources aware of the development told ET. The LCH is one of the largest players in the global interest rate swap market.
200 DMA: Rs 585.82| LTP: Rs 609.85
Crude oil price: Prices came under further pressure after US President Donald Trump indicated that he was unlikely to authorise fresh attacks on Iran if
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