The present study has extended the analysis of Dash et al (2008) in comparing the performance of different hedging strategies, approaching the problem from the point of view of exchange rate dynamics, using a model for exchange rate movements. Based on the results of the simulation of this...

Bitcoin is a virtual/cryptocurrency, serving as a decentralized medium of digital exchange and not tied to any financial institution. It gained in popularity in the aftermath of the global financial crisis with the failure of many prominent banks and financial institutions, as it provided...

In the world of globalization, most business enterprises operate in more than one country, receiving foreign currency for exports and paying foreign currency for imports, and this exposes them to foreign exchange risk. Each entity and/or individual that has exposure to foreign exchange rate risk...

Volatility is one of the key factors for an investor before investing in the capital market. High volatility is seen as a sign of investor nervousness, while low volatility is sign of confidence. Contrary to popular perception, volatility has not gone up in the recent past. This study analyses...

Movements in SENSEX are the result of a complex interplay of a host of factors. Hence, it is not easy to make a correct assessment of its movement, and the task becomes all the more difficult when SENSEX witnesses a lot of volatility. Macroeconomic factors do have a lot of influence on the...