The rupee fell on Friday, snapping four sessions of gains, as profit-booking hit global risk assets and as hopes of substantive policy reforms faded as a political deadlock continued in parliament.
Speculation in the currency market is that the Reserve Bank of India (RBI) may issue government gold bonds to attract dollar inflows and stabilize the rupee which is in danger of slipping to a record low.
Arun Sax Sekhsaria, MD of DD Cotton, Maulik Shah, CFO of Rosy Blue India and Satyajit Kanjilal, CEO of Forexserve, gave their views on why exchange-traded options have not yet met with the same amount of success as exchange-traded futures.