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Question

A B K STITHA PRAGNEY VAISHWIKH

Asked a question 2 years ago

how to find spot price of usdinr for options trading i am not able to find spot price of usdinr anyone help please

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Answered 2 years ago

There is no spot price for USDINR. It has only a future price and an RBI reference rate. The currency option contracts are settled at RBI reference date on the day of expiry.

For more details, visit https://www.nseindia.com/products-services/currency-derivatives-contract-specification-inr295

and https://fyers.in/school-of-stocks/chapter/currencies/currency-options.html84

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