The recent INR depreciation has surprised the market leading to 10% depreciation in a year, which is double than the normal rate of 4 to 5 per cent annually, raising questions about the strength of the Indian economy.
Currency derivatives volumes dry up ahead of RBI deadline
Average daily turnover for currency futures and options, including notional turnover for currency options, on the country’s largest stock exchange was at ₹20,646.06 crore in