Indian Exporters Boost Euro Hedges after Rally to near TwoYear High
MUMBAI, Feb 13 Reuters Some Indian exporters are stepping up hedges of their future euro receipts on bets of limited upside to the rupee after the common currency39;s recent rally, analysts said. The EURINR pair soared to 90.44 on Feb. 2, just ahead of the European Central Bank meeting, its highest level since April 2021. […]