Friday, August 14, 2009

NSE TO LAUNCH RUPEE - E FUTURES

Indian firms can hedge their currency exposure in Europe in the market from early next year when the country's largest exchange, the National Stock Exchange (NSE), launches futures trading in the rupee-euro currency pair. At present, India allows currency futures only between the rupee and dollar. The product is in the developing mode and mock trading will begin within 4- 5 months.

0 comments:

Post a Comment