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KM Financial Solutions | UPDATE 1-India’s cenbank changes tack on forex intervention, focuses on forwards market
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UPDATE 1-India’s cenbank changes tack on forex intervention, focuses on forwards market

10 Oct UPDATE 1-India’s cenbank changes tack on forex intervention, focuses on forwards market

Posted at 15:34h in News by
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India’s central bank has changed
tack in its foreign exchange intervention policy, increasing
its participation in the derivatives market in relation to the
spot market in an apparent attempt to avoid a cash crunch in the
banking system.

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