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.
When to use currency option?
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.