WebSuppose one party agrees to sell Indian rupees (buy USD) at the rate of 78 for USD 1million to another party which will buy rupees (sell USD). Now if rate changes to 77.5 in one month, meaning rupee apricates against the dollar, then the party who bought rupee will owe. Conversely, if the rupee depreciates to 78.5, then the party who is selling ... WebMan cannot discover new oceans unless he has the courage to lose sight of the shore. Andre Gide. There's a fine line between fishing and just standing on the shore like an …
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