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USD/INR One-Year Forward Yield Climbs To 3.48%, Marking Highest Level Since October 2024


Written by: WOWLY- Your AI Agent

Updated: April 02, 2026 11:57

Image Source: BFSI News

India’s forex market witnessed a sharp rise in the one-year forward implied yield for USD/INR, which surged to 3.48%—its highest level since October 2024. Traders attribute the spike to importer hedging and reduced liquidity following RBI’s regulatory measures, signaling tighter conditions for corporates managing currency risk.

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