The forward premium is a notoriously poor predictor of exchange rate movements. This failure must reflect deviations from risk neutrality and/or rational expectations. In addition, a mechanism is ...

The forward premium rates on the one-year dollar/rupee forward contract has trended lower so far in April compared to March as the interest rate differential between the US and India have narrowed, ...

The dollar-rupee onshore forward premiums have seen a steady fall in the last one month as the interest rate differential between the US and India have narrowed, dealers said. The premium on the ...