Rupee hedging turmoil exposes strain in India's FX market
· thehindubusinessline.com
One-year hedging cost rises to 4.6% amid liquidity strain and market dislocation as traders struggle to unwind positions
Dollar-rupee forward premiums jump to multi-year highs
Crowded positions, thin liquidity fuel feedback loop
Onshore premiums diverge sharply from NDF points
...