An unusually calm Indian rupee is prompting traders to turn to derivatives and other crosses that show more signs of life, according to foreign exchan
An unusually calm Indian rupee is prompting traders to turn to derivatives and other crosses that show more signs of life, according to foreign exchange consultants.
Traders are selling options and switching to more volatile pairs like the euro or pound as the swings in the rupee versus the dollar have ebbed to nearly a two-decade low, limiting the scope for making profits.
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