In this episode Chris Barnes and Mark Bell explore the dynamics of the Indian Rupee (INR) swaps market, the 16th largest in the world.
Chris delves into the competitive clearing landscape, highlighting the onshore and offshore trading dynamics and the impressive growth rate of INR swaps.
Mark raises questions about the potential for longer tenors at CCIL and the involvement of local Indian banks with LCH. The discussion provides insights into the evolving nature of the INR swaps market and its global significance.