Rbi To Assist To Develop Onshore Ndf Market
For instance, Hutchison et al (2009) counsel “the Indian rupee NDF market is most active https://www.xcritical.in/ in Singapore and Hong Kong, though there is also buying and selling in locations corresponding to Dubai”. If one get together agrees to purchase Chinese yuan (sell dollars), and the other agrees to purchase U.S. dollars (sell yuan), then there’s potential for a…