Feb, 27, 2026 By Vikram Murarka 0 comments


In fitness, shortcuts and bad advice often do more harm than good.
In FX, the same applies.
Blindly hedging, over-structuring, or forcing strategies without understanding cash flows creates risk instead of reducing it.
Natural hedges, timing, and structure matter.
Imports and exports don’t need aggressive action just because action is available.
Good currency management is about saying no to the wrong ideas, even when they sound confident or urgent.
Because avoiding bad decisions is often more valuable than chasing smart ones.
#FX #CurrencyRisk #RiskManagement #Hedging #Treasury #Markets
In our last report (29-Apr-26, UST10Yr 4.35%), we had said that the FED was likely to leave rates unchanged, which it did. We had also said that “once Kevin Warsh comes in, the FED is more likely to cut, responding to …. Read More
In our May 2026 report (4-May-26, Brent @ $110.75), we expected Brent to test $90.50 by Jul-26, followed by a rise to $145.13 by Sep-26 and $161.93 by Dec-26. Sustained trade below $100 was expected to be seen only on a credible resolution of the US-Iran war, which looked unlikely … Read More
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In our 11-Apr-26 report (10Yr GOI 7.03%) we had retained our bullish view on Brent towards $134 by Sep-26, while allowing for a near term dip to $95 on hopes of a US-Iran resolution. Brent fell to $89.93, lower than … Read More
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Our May ’26 Dollar Rupee Monthly Forecast is now available. To order a PAID copy, please click here and take a trial of our service.

