The 1-month dollar/rupee non-deliverable forward was quoting at 85.86-85.90, implying that the Indian currency is likely to open 10-15 paisa weaker when the onshore spot market opens at 9:00 a.m. IST.

MUMBAI, April 7 (Reuters) - The Indian rupee weakened against the U.S. dollar in the non-deliverable forward market on Monday on severe risk aversion amid fears that U.S. tariffs could fuel an ...

Brokerage firm Phillip Nova is expanding its collaboration with tech provider Integral to boost its non-deliverable forward (NDF) and foreign exchange (FX) ...

TEHRAN – Iran’s National Development Fund (NDF) signed a €50 million credit line agreement with Kyrgyzstan on Sunday. As reported, the credit line will be made available through a bank selected by the ...

NDFs are forward contracts that allow traders to hedge or speculate on currencies that have restricted liquidity ...

India is facing a relatively softer levy of 27% than regional peers such as China, Vietnam and Thailand, which also was a sentimental positive for the currency. The local unit closed at 85.43 ...

The move will deploy Integral’s platform across Phillip Nova’s NDF and FX instruments and will incorporate the fintech’s fixed-fee subscription model across the combined offering to target growing NDF ...

MUMBAI (Reuters) - The Indian rupee declined in the non-deliverable forward market on Thursday after the U.S. President Donald Trump slapped a 26% tariff on imports from the Asian nation.