Personal Finance Blog India –

Currency Trading In India

Currency trading is gaining popularity in India in recent days.Here are some of the details about currency trading in India.

Currency futures can be traded at National Stock Exchange or MCX-Sx only.Margin trading in foreign based exchanges is not allowed.  Any resident individual of india, Partnership firms, Corporates can trade currency futures.

Difference in commodity / stock futures and currency futures is that trading in currecy takes place in currency pairs of two different countries.E.g: Rupee-Dollar,Rupee-Pound Etc.while in stocks / commodity trading is done in that particular stock / commodity.

Like any other asset class rates of foreign exchage fluctuates due to various factors like demand-supply scenario,geo-political aspects,inflation,interest rates,trade balance etc.

Currecy futures  were launched on 29 aug 2008 in India.

Currency futures offer good trading opportunity for traders in which traders can earn good amount of money by taking advantage of price fluctuations in currency futures.Also it offers hedging opportunities for importers / exporters  whose business is affected by currency fluctuations.

Category: currency


Leave a Reply




Blog Archives

See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

Blog Author

Blog Author

Who's Online

11 visitors online now
6 guests, 5 bots


Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
11 visitors online now
6 guests, 5 bots, 0 members
Max visitors today: 22 at 01:44 pm UTC
This month: 27 at 11-13-2018 03:15 pm UTC
This year: 69 at 08-02-2018 04:13 pm UTC
All time: 363 at 09-23-2016 05:45 am UTC
Thank You For Visiting This Blog!!!