EM platform R5FX goes live with Indian rupee

Fourth emerging market currency to launch on the trading platform

india
Rupee: 20th most-traded currency in 2013 (BIS survey)

Coinciding with the visit of Indian prime minister Narendra Modi to London, emerging markets (EM) non-deliverable forwards (NDFs) platform R5FX is adding the Indian rupee to its basket of traded currencies, less than two months after going live with the Brazilian real and both the Chilean and Colombian pesos.

"Launching [the] Indian rupee during Diwali marks the next phase of our roll-out, as we continue to improve liquidity and add more emerging market currencies to the R5FX marketplace," says

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