Chakravarty, Ranjan; Praveen, D. G. - In: Macroeconomics and Finance in Emerging Market Economies 3 (2010) 1, pp. 139-146
Indian exchanges have recently been permitted to offer currency futures on their platforms to the market participants. The paper outlines the contract, and charts the development and growth of currency futures in India since their inception in 2008. It emphasizes the existing close connectivity...