The shrinking U.S.-India interest rate differentials have sent the rupee/dollar forward premiums plunging. Last week, the 1-year forward implied yield dropped to 1.70%, not too far from the 1.61% in December 2022, the lowest in more than a decade.
The shrinking U.S.-India interest rate differentials have sent the rupee/dollar forward premiums plunging. Last week, the 1-year forward implied yield dropped to 1.70%, not too far from the 1.61% in December 2022, the lowest in more than a decade. The shrinking U.S.-India interest rate differentials have sent the rupee/dollar forward premiums plunging. Last week, the 1-year forward implied yield dropped to 1.70%, not too far from the 1.61% in December 2022, the lowest in more than a decade. Moneycontrol Latest News Read More