Standard Chartered Bank Launches Indian Online Rupee Trading Service

Standard Chartered Bank has announced the execution of the first domestic (onshore) Indian Rupee Foreign Exchange transaction via the Reuters Trading For Foreign Exchange (RTFX) electronic platform. This service, which is aimed at top-tier corporations in the Indian market, is designed to improve workflow for treasurers hedging their foreign exchange exposures. This new FX service follows Standard Chartered’s launch of the first online OIS INR Interest Rate Swap trading service in India last year.

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