Discover the differences between a forward contract and a non-deliverable forward (NDF) contract in the forex market, and learn about the role of the RBI in defending the value of the rupee. Explore the similarities between futures contracts and forward contracts, and understand the impact of RBI interventions on forex reserves.
In today’s episode for 12th September 2023, we explore why the rupee is hitting record lows and what the RBI is doing about it.
Talk to Ditto - https://bit.ly/45uvyDL