Textile importers face potential 2% swing in rupee settlement costs this week.
Textile importers servicing the UK market are facing a potential 2% swing in GBP/INR settlement costs this week following signals from the Reserve Bank of India (RBI).
Market analysts at the Unicorn Currencies Treasury Desk have observed a tightening of liquidity in the NDF (Non-Deliverable Forward) markets, suggesting that the Rupee could strengthen rapidly against the Pound if the RBI holds rates steady. For a mid-sized importer settling £500,000 monthly, this volatility could represent a £10,000 cost variance.
We recommend importers with open payables to consider locking in spot rates immediately or utilizing forward contracts to hedge against this short-term upside risk.
Trade Intelligence
Market data provided by Unicorn Currencies Treasury Desk.Access Platform →
About the Trade Wire
- What is the Unicorn Currencies Trade Wire?
- The Trade Wire is a daily intelligence briefing from Unicorn Currencies that covers macroeconomic shifts, trade policy changes, supply chain disruptions, and currency movements that directly affect UK importers and exporters. Each signal includes actionable treasury guidance.
- How can Trade Wire signals help my business?
- Each Trade Wire signal includes a "What this means for your treasury" section with specific actions — such as when to hedge, which corridors are affected, and how to adjust payment timing. This helps CFOs and treasury teams make informed decisions rather than reacting to market moves.
- How often is the Trade Wire published?
- The Trade Wire is published daily during business days, covering the most important macro, trade, and logistics developments affecting cross-border payments and international trade.