Rupee Options Bears Retreat as Rajan Puts India Reserves to Work

Updated on
  • SocGen's Agrawal sees rupee outperforming Asian peers
  • Risk reversals fall from highest in almost two years

Options traders are paring bearish rupee bets on signs Indian central bank Governor Raghuram Rajan will deploy the war chest of foreign exchange he built up over the past two years.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.