International Research journal of Management Science and Technology
ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST
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CURRENCY FUTURES BUSINESS IN INDIA
1 Author(s): RENU GUPTA
Vol - 4, Issue- 3 , Page(s) : 190 - 197 (2013 ) DOI : https://doi.org/10.32804/IRJMST
The introduction of currency futures in India has passed a journey of almost two years and many changes have been implemented in the trading system in this regard. Currency futures have significantly gained importance all over the world since the first currency futures contract was traded in the year 1972. The futures market holds a great importance in the economy and, therefore, it becomes imperative that we analyse this important market and seek answers to a few basic questions. The main theme of this paper is to assess the speed in which the growth of currency futures in India has accelerated. It also aims at examining the volatility of the currency futures.