Foreign exchange risk management by Indian IT companies:an empirical analysis |
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Authors: | NMukund Sharma VPrabhu Dev |
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Institution: | [1]Centre for Post Graduate Studies [2]Surana College |
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Abstract: | The increased volatility in the foreign exchange market in recent years has increased the foreign exchange risk faced by companies worldwide. This phenomenon holds good in the Indian context also. This paper tries to report on the foreign exchange risk-management practices among Indian IT (information technology) companies. The results are consistent with expectations that foreign exchange risks faced by Indian IT companies is very high especially in the light of the recent appreciation of the rupee against... |
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Keywords: | Indian IT companies risk management hedging forward contracts currency options |
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