July - Indian market opens up

More than $250 million of deals were transacted on the launch date (July 7), said local market participants, with global banks winning most of the new business.

Standard Chartered transacted deals worth $90 million, including the first, a six-month $30 million deal with Mumbai-based oil, gas and petrochemicals firm Reliance Industries.

ABN Amro, another large global bank in the market, dealt options worth about 20% of the total ($50 million). Citigroup dealt over $40 million in rupee/foreign

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: