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Dollar Hedging by Indian Companies Slumps as RBI Cracks Down on Speculation
Summary by The Hindu Business Line
3 Articles
3 Articles
India’s Dollar Hedging Slumps as RBI Cracks Down on Speculation
Indian companies cut dollar purchases used to hedge against rupee weakness to an eight-month low, a sign that the central bank’s crackdown on what it called speculative bets against the currency is yielding results.
·New Delhi, India
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Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
Factuality
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