Compression for cleared forward INR/USD trades carried out on 25th Sep’ 19
25th Sep’ 19, CCIL successfully carried out the 10th cycle of Portfolio
Compression for cleared forward INR/USD trades. The exercise was aimed at
reducing the overall gross outstanding trade volume by identifying economically
redundant trades for early termination. Five large banks participated in this
exercise. A reduction in market-wide outstanding of over USD 7.408 Billion was
achieved through this exercise.