As T+1 looms ever nearer, Alex Knight, head of EMEA at Baton Systems, delves into the effect of the shift on FX swaps, highlighting the opportunities they hold for market participants, as well as ...
Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange (FX) swaps as short-term currency financing costs surged to a four-year high, according to people ...
The FX swap involves the RBI buying spot dollars on Friday, which serves the twin purposes of both injecting rupee liquidity and draining some of the excess dollars from the system. The ...
Much like swaps, interest rate uncertainty increases the need for trading firms to hedge their risk, which creates renewed interest in NDFs and provides a growth opportunity for the instrument. What ...
The FX swap will involve the RBI buying spot dollars, which would both inject rupee liquidity and drain some dollars. The transaction will be reversed in six months. Corporate treasuries ...
and foreign exchange (FX) swaps to manage liquidity in the market for balancing the inflation and growth. It said "we do expect the RBI to announce use of permanent liquidity tools apart from fine ...
An official from the foreign exchange authorities explained, "During the swap transaction period, foreign reserves decrease by the transaction amount, but at maturity, the funds are fully restored ...
India’s central bank is using dollar-rupee swaps to ease a liquidity squeeze in the country’s financial system, according to people familiar with the matter. The Reserve Bank of India used ...
Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency financing costs surged to a four-year high, according to people familiar ...