Officials from RBI’s Financial Markets Regulation Department (FMRD) have informally spoken to banks, particularly foreign lenders, to gauge unwinding of overseas trading positions in Indian debt markets, including those taken in certain interest rate derivatives, people aware of the matter told ET.
Dollar hovers near 11-week high, eyes on China property briefing
The dollar remained near an 11-week high due to U.S. election uncertainty and a resilient economy. Meanwhile, China’s press conference on its property sector is
October 17, 2024