Indian companies' $3.7 billion NDF hoard shows firms seized rupee arbitrage window

(Corrects headline, paragraphs 1, 4 and graphic to say activity in NDF market surged to over $3.7 billion, not $7 billion, ...
EconoTimes

RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses

Indian banks are bracing for heightened uncertainty after the Reserve Bank of India (RBI) tightened its grip on currency ...

Rupee jumps; onshore-NDF spread reflects central bank impact on hedging costs

By Nimesh Vora MUMBAI, April 2 (Reuters) - The Indian rupee jumped on Thursday after the central bank imposed curbs on ...

Multi-billion dollar offshore NDF market gets reality check after RBI clampdown on speculative trades

Although there are no official data points, traders estimate that the monthly turnover of the Indian NDF market could amount ...

Banks have unwound arbitrage trades of up to $40 billion, ahead of today's deadline: Treasury officials

There are currently no open positions in the NDF market for banks, according to a private bank treasury dealer ...

NDF surge tops $3.7 billion as RBI curbs trigger arbitrage rush; rupee swings sharply: Report

Client trading volumes in the NDF market jumped manifold to $3.74 billion on March 30, Clearing Corp of India data showed.

RBI to proceed with offshore rupee trade reporting despite industry pushback

RBI’s move forces more offshore rupee derivative transparency, tightening the offshore–onshore pricing gap and reducing basis ...
GEN

NDF Identified as Critical Molecule for Facilitating Transcription through Nucleosomes

Researchers at the University of California San Diego say they have identified a key factor that partially unravels nucleosomes and thus opens the way for genes to activate. The identification of NDF, ...