Forex Volatility
July 30, 2010 by admin
Filed under Uncategorized
forex volatility
"I can take an exchange to meet EURO INR and directly without being affected by USD?
The intention is to avoid the volatility of the relationship between USD and Euro, USD-INR
Why not? But we can not speculate or trade in Forex. If you are in the import and / or export business and bills are in euros drawn on you, or draw your buyers accounts in Euro, with payment facilities as day 60/90 D / A, etc, can cover the amount in INR regardless of currency fluctuations. Its bankers can take the risk of fluctuation in themselves or pass it to the RBI.
