The demonetization impact on GDP may actually be beneficial..
On November 08th 2016, when Prime Minister, Shri Narendra Modi, announced the demonetization of Rs.500 and Rs.1000 notes, it was met with mixed reactions. A full 10 months hence, the jury is still out on the merits and demer…More>>
Rupee forward market versus INR futures market
If you are familiar with banking and international trade, you would surely be familiar with the concept of a forward cover. A forward cover is the most basic form of a forward contract. A forward cover is an over-the-counter…More>>
How to effectively trade the USD-INR pair contract?
For a very long time, the only way Indian businesses could hedge their currency exposure was to approach their banks for buying a forward cover in the OTC forward market. The OTC market was a closed market for forex risk hed…More>>