An Overview on The Impact of Hedging Techniques Used In Foreign Exchange Market
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 9
Abstract
Today the aim of every business is to grow globally. The vision of every entrepreneur is to make his/her product manufactured be available throughout the world. In India globalisation started to spread rapidly in the late 1991 under the leadership of Narasimha Rao. He was then the Prime Minister of India who had initiated with various effective steps to encourage the Indian traders to engage in International trade. Major sectors were privatized and globalisation started spreading rapidly. The famous NCR which means Narasimha rao Committee Report,1991 introduced various trade measures which motivated the Indian traders to do business globally. The major challenges faced by traders in the international market were exchange rate fluctuations, lack of raw materials, price fluctuations etc., The authors here have discussed some major relief measures to overcome one among the above said problems which is the exchange rate fluctuations.
Authors and Affiliations
G. Jayashree, Dr. I. Carmel Mercy Priya
Keywords
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- DOI 10.9790/487X-2009060103.
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