Volatility on forex exchange of India
Електронний архів Полтавського університету економіки і торгівлі
Переглянути архів ІнформаціяПоле | Співвідношення | |
Title |
Volatility on forex exchange of India
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Creator |
Jain, Akansha
Denga, Svitlana |
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Subject |
FOREX EXCHANGE
VOLATILITY risk measurement correlation coefficient relationship currency |
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Description |
Exchange rate movements play substantial role in risk measurement and their effective management. Volatility in exchange rates has been quite large and it has affected sales as well as profit margins of multinationals in India. Based on statistic analysis, some suggestion have been drawn for improving functioning of forex exchange market in India.
1. Most hedging instruments are required to cope up extreme volatility of INR against all major currencies of the world. 2. Steady liberalization of financial markets is need more attention on business who invest back in India. 3. Promotion of invoicing of trade in domestic currency will be extremely helpful and beneficial to cope up with extreme volatility. 4. There has been wide progress and enhancement of INR market across globe especially in Dubai, Singapore, London and New York, so it is need to try relocate of offshore activities on shore. 5. RBI has taken a number of steps in the recent past to liberalize currency futures market to obviate/reduce the need for the NDF market. 6. There is need for effective coalition between OTC and exchange traded markets for currency futures. 7. More focus should be to advocate the importance and practicability of risk management techniques in particular using options. 8. There is need to develop strict monitoring mechanism by liberalizing open position limits of banks. |
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Publisher |
PUET
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Date |
2015-10-24T15:27:12Z
2015-10-24T15:27:12Z 2015-10 |
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Type |
Thesis
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Identifier |
Проблеми та перспективи розвитку фінансів у сучасному світі: матеріали Міжнар. наук.-практ. конф. (м. Полтава, 22-23 жовтня 2015 р.).- Полтава: ПУЕТ, 2015.- 228с.- С. 173-174.
http://dspace.puet.edu.ua/handle/123456789/2852 |
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Language |
en
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