Shunmugam, V.; Hashim, Danish - In: Macroeconomics and Finance in Emerging Market Economies 2 (2009) 2, pp. 247-255
Volatility in interest rates has direct and indirect effects on the economy, particularly on businesses. Studies … indicate that due to deregulation, following liberalization of economies, the interest rate volatility has surged worldwide …, with India among the highest-volatility counties. Hedging in interest rate futures helps stabilize interest costs enabling …