International Academic Journal of Accounting and Financial Management

  • ISSN 2454-2350

Study on Currency Derivatives and Their Impact on Value of Currency

Aabha S Singhvi and Rutu A Pandya

Abstract: Graph of Currency trading has increased dramatically in last few years in India, so the need for more effective ways for better analysis of movements in currency has been arise. Currency is highly uncertain and unpredictable instrument. There are number of factors affecting movement of currency future. People have started using Currency futures as an investment option and they can trade various currencies as per the current economic condition of the country. Before investment it is important to identify effect of various factors on index value of currency. The purpose of this paper is to indicate the impact currency future, to check rules of the currency and useful predictionmodels for currency futures closing prices

Keywords: Nifty, Contract, Futures, Forwards

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Volume 1, Issue 1, 2014