The essential characteristic of a derivative is its value moves in the opposite direction to that of the underlying asset. An individual cannot do without derivatives if he or she is looking at hedging any currency exposure.
AV Rajwade of AV Rajwade and Co. believes that the pressure on the rupee will remain. He added that we have let the problem become big and under a wrong assumption that the world will finance it.
Unlike the government, forex-treasury consultant AV Rajwade does not believe that the dramatic fall in the Indian currency is due to global financial woes.
On the show we look at the issue of rupee volatility and its impact on the Indian exporters. Giving us an insight of what is happening on the rupee front is Foreign Exchange Expert, AV Rajwade.
CNBC-TV18's Reema Tendulkar caught up with AV Rajwade, one of the most respected voices in the foreign exchange space to find out the nuisances related to currency options.
AV Rajwade, Forex & Treasury Management Consultant, in an interview with CNBC-TV18’s Latha Venkatesh spoke about the current currency scenario between the dollar-rupee.
AV Rajwade, Forex & Treasury Management Consultant, in an interview with CNBC-TV18’s Latha Venkatesh spoke about the positive impact of the rupee depreciating, considering, the face that the trade deficit pressures and the FII flows are beginning to peter out.