Rupee Swaps Spike on Quarter-End Flows, RBI Policy in Focus

The one-day dollar/rupee swap rate climbed on Tuesday on the back of flows related to the quarter-end, while the spot rate was little changed amid weak Asian cues.The one-day (cash/tomorrow) dollar/rupee swap rate rose to 1.21 paisa, from 0.40-0.46 paisa on Monday. The implied ru

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