Options traders' bearish bets on rupee jump 200% on surprise GDP slowdown

Quick Summary:

Data from the Depository Trust and Clearing Corp.show the volume of dollar-rupee calls trading climbed to $1.

Rupee down 2 paise to 84.

Rupee drops 4 paise to all-time low of 84.

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Article Details

Category: BusinessFinance

Markets: India

Topics: India GDP growth Rupee GDP Option traders GDP growth forecast Indian Rupee

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 14:36:55 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 360 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24087707

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Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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