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When to use currency option?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Currency options can be used-

  • when an investor wants to hedge against unfavorable exchange rate fluctuations.
  • If he expects the exchange rate to move in a certain direction and wants to benefit from this, i.e. price speculation.

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