HKEX lines up rupee futures

India flag adobe 230x150
By GlobalCapital
03 Sep 2019

Hong Kong Exchanges and Clearing is planning to launch Indian rupee currency futures in the fourth quarter of this year.

HKEX revealed it would introduce new futures contracts on the rupee linked to both the dollar and Chinese renminbi. The INR/USD and INR/CNH currency futures will both trade in Hong Kong, with HKEX describing the latter contract as a global first.

In a circular released on Tuesday, HKEX ...

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