As the Indian currency futures market has been in existence for over 7 years, this paper analyses the effectiveness of the 1-month USD/INR currency futures rates in predicting the expected spot rate. The volatility of the USD/INR spot returns was also analysed. Modelling volatility of the USD...
The risk involved is comparatively low in this case and currency derivatives has proved to be a good tool for hedging the risk involved in the currency of a country (currency risk). It is hoped that the currency derivatives market will develop faster and it will be a good choice for all ...
ROLE OF CURRENCY FUTURE IN INDIAN CAPITAL MARKETOver the time, the foreign exchange market in India achieved some sophistication and vibrancy. However the volatility in exchange rates remained an issue. With global trade and business increasing exponentially, Indian companies had to find ways of ...
Related to Market currency: Exchange ratescur·ren·cy (kûr′ən-sē, kŭr′-) n. pl. cur·ren·cies 1. Money in any form when in actual use as a medium of exchange, especially circulating paper money. 2. Transmission from person to person as a medium of exchange; circulation:...
Rs. 1000 177 × 73 mm Pink Economy of India 2002Convertibility The Indian Currency has a market determined by the exchange rates. The Reserve Bank of India trades actively in the INR/USD to have effective rates.International Trade Shows Lisbon Trade Shows Seoul Trade Shows Mexico City Trade Sh...
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The Reserve Bank of India (RBI)is actively trading in the foreign exchange market to manage rupee value. They manage this from their 19 Issue offices around India. The Indian currency exchange rate is derived based on factors such as oil price, investment flow, and trade flows. ...
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India moved away from pegged exchange rate to the Liberalized Exchange Rate Management System (LERMS) in 1992 and the market determined exchange rate regime in 1993 which is considered to be an important structural change in the exchange rate market. With increased volatility in exchange rate ...
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