Bloomberg: In October, Indian companies reduced the purchase of Akadema contracts on the dollar by 35%, to 49.5 billion dollars. Hedging against a weaker rupee fell to its lowest since February amid moves by India's central bank to combat speculation in the forex market. Last month, the regulator raised the cost of opening forward positions on the dollar to protect the national currency.

Bloomberg: In October, Indian companies reduced the purchase of Akadema contracts on the dollar by 35%, to 49.5 billion dollars. Hedging against a weaker rupee fell to its lowest since February amid moves by India's central bank to combat speculation in the forex market. Last month, the regulator raised the cost of opening forward positions on the dollar to protect the national currency.