# Indian rupee's low volatility makes it an optimal carry candidate - analysts

> The rupee's six-month at-the-money implied volatility fell to 4.5%, the lowest since 2008, and one-year volatility is near multi-year lows. Analysts say the Reserve Bank of India's regular intervention keeps the currency stable and makes it attractive for carry trades.

- Date: 2023-06-02 · published 2023-06-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/35784-indian-rupee-s-low-volatility-makes-it-an-optimal-carry-candidate-analysts
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Low rupee volatility lowers hedging costs for Indian importers of feed commodities, but it does not point to a clear move in commodity prices.

## Sources

- reuters.com: https://www.reuters.com/article/markets/currencies/indian-rupees-low-volatility-makes-it-an-optimal-carry-candidate-analysts-idUSL4N37T1OC/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.