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How to hedge your risk through transparent trading on the currency futures platform

Posted on 16 July 2013

The Indian currency market accounts for around 1% of the total world forex transactions, which stand at about $4 trillion on a daily basis. With the introduction of currency derivatives in 2008, the Indian market is poised for further growth by increasing its share in the world forex trade.
The spot transactions involving the rupee totalled around $30 billion in 2010, with the segment accounting for a share of 40% in the total forex turnover in India. This is followed by another 40% in forex swaps, and the rest in the form of outright forward transactions………………………………………..Full Article: Source


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