Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off......
If we are able to get our act together this year, we may be able to see growth climb again to more than eight per cent, says a forex expert.Jamal Mecklai, Chief Executive Officer, Mecklai Financial......
The first Mecklai Risk Management Survey was conducted in December 2007 jointly by Business Standard and Mecklai Financial & Commercial Services Ltd. The companies surveyed ranged from mid-sized......
Corporate India may be sitting on a $3 billion to $5 billion (Rs 12,000 crore - Rs 20,000 crore) notional loss on its exposure to foreign exchange derivatives. ''It's difficult to estimate the......
The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business......