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Published 13:24 IST, September 27th 2024
Wagers on stronger Indian rupee grow on dovish Fed outlook, yuan rally
In a rare occurrence, the implied volatility on a 1-month at-the-money dollar/rupee put option is now higher than that on a call, signifying that investors are willing to pay more for betting on a rupee rally than a decline.
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Rupee Vs. Dollar | Image:
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13:24 IST, September 27th 2024