Report from Indo-Asian News Service brought to you by HT Syndication.
Mumbai, Aug. 29 -- Finance Minister P. Chidambaram Friday kicked off currency futures at the National Stock Exchange (NSE) here in a move that is particularly expected to help small- and mid-sized companies to hedge their risks while dealing in foreign exchange.
Mumbai, Aug. 29 -- Finance Minister P. Chidambaram Friday kicked off currency futures at the National Stock Exchange (NSE) here in a move that is particularly expected to help small- and mid-sized companies to hedge their risks while dealing in foreign exchange.
The first deal at the exchange-traded futures began at 8:45 a.m. with a lot size of $1,000 each, and within three hours, as many as 19,871 contracts had been executed, data with the stock exchange showed.
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