A jump in forward premiums could ease pressure on Rupee | Economic Times - Jobs World

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Thursday, July 7, 2022

A jump in forward premiums could ease pressure on Rupee | Economic Times

A jump in forward premiums could ease pressure on Rupee https://ift.tt/zig73Gc day after the RBI announced measures to shore up forex reserves and arrest the local unit's free fall, the rupee gained 0.16% to close at 79.18 Thursday. It was the fourth best performing Asian currency for the day. The one-month volatility index dropped 11 basis points.

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