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The Reserve Bank of India’s (RBI) recent easing of restrictions in the offshore non-deliverable forwards (NDF) market is not expected to alter its stance on the net open position for the Indian rupee (NOP-INR). Market…
GIFT Nifty Futures recorded more than 350 points rally on April 17 after the closing of Indian equity markets for the week, tracking a 10 percent sharp correction in oil prices following the opening of…
Oil prices edged lower on Friday as hopes of easing tensions in the Middle East calmed investor fears. Brent crude futures dropped $1.34, or 1.35%, to $98.05 a barrel. U.S. West Texas Intermediate crude fell…
