Traders say that currency hedging by exporters and importers signal further slide as positions have turned with importers rushing to cover their exposure, while exporters are letting their positions open to benefit from the slide.
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers