March sell-off sparked surge in USD/INR futures trading

23rd March, 2026

Aravind Bulusu
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Foreign portfolio investors' (FPI) outflows and the fallout of conflict in the Middle East resulted in the highest-ever single-day USD/INR futures volumes on March 4.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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