MUMBAI, May 22 (Reuters) - Dollar-rupee forward premiums eased across tenors this week as a pullback in the dollar-rupee overnight swap rate coincided with U.S. bond yields climbing a leg higher, ...
Swaps are derivative contracts between two parties that involve the exchange of cash flows. One counterparty agrees to receive one set of cash flows while paying the other another set of cash flows.
MUMBAI, Jan 16 (Reuters) - Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking system daily, which bankers said would reduce the ...