It’s been seven months since the Reserve Bank of India (RBI) intervened to stabilize the Indian Rupee (INR). However, on the Wednesday before Diwali, the RBI allegedly went on the offensive to prevent the INR from sliding past the 88.8 rate.

“Since the 23rd of September, the INR has been relatively stable, sitting around 88.72 per dollar. However, on Tuesday last week, the Rupee Spot rate fell to an all-time low of 88.8 before opening 1.27% stronger – at 87.669 – on Thursday. This rebound was a result of both the RBI’s intervention and growing optimism that a potential trade deal will be completed this month as the Indian Prime Minister Narendra Modi pledged to stop buying oil imports from Russia, enforcing the continued interest in INR Rates which has occurred throughout 2025.” Saracen Fletcher, APAC Product Development & Strategy.

If your team is modeling onshore or offshore FX risk, or calibrating trading signals amid policy shifts, where better to get the data from than the leading broker in the INR Markets.
At TraditionData, we are at the forefront of the OTC derivatives markets, delivering value to clients through product innovation, data solutions and best-in-class execution.

Interest Rate Swaps


Request sample data & further information

To receive a sample of our Interest Rate Swaps, please click the button below.

Request sample data

Sample data request

Please enter your email below to request access to our a free data sample.

This field is hidden when viewing the form
This field is for validation purposes and should be left unchanged.
Interest rate swaps
Featured Package

Interest Rate Swaps

Comprehensive interest rate swap coverage for multiple currencies.

Read more