Rupee tanks below 80/dollar https://ift.tt/ebGtzku, currency deals were reported at 80.05 to a dollar immediately after the formal trading hours in the over-the-counter market where corporate clients and large banks transact. Also, in the non-deliverable forwards, the notional spot value touched 80, dealers told ET. It dropped to as much as 80.18 until Thursday evening.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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