As local unit plunges 6.5% participation as percentage of turnover almost doubles; brokers say such trades are hedges against currency volatility
The Indian rupee's significant 6.5% plunge, largely attributed to global conflict, has dramatically boosted retail engagement in currency derivatives. This participation, measured as a percentage of total turnover, has nearly doubled. Brokers indicate that these trades are…
Market Samachar is a news aggregator. This article was originally published by mint - markets. Tap the button above to read the full story on their site.