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EBS launches end-of-month rupee NDF

India Rupee

EBS, ICAP’s electronic FX business, has launched the first electronic over-the-counter, end-of-month non-deliverable forward contract on the Indian rupee. The moves come on the back of demand from both the buy- and sell-side, and the rupee is the first currency made available by EBS for a contract of this kind.

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