Swings in India's Rupee Is Making It Difficult to Hedge Currency
Indian two thousand rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Swings in India's Rupee Is Making It Difficult to Hedge Currency

(Bloomberg) -- The success of the Indian central bank’s currency-swap auctions is leading to exaggerated moves in the onshore forwards market, making it harder for companies to hedge their foreign-...
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