what is LEADING & LAGGING in forex management ?
kindly explain with the help of examples that how does they help in mitigating risk involved in foreign exchange?
javed
Piyush Lalwani
(AM)
(92 Points)
Replied 15 April 2011
leading means to pay early
lagging means to pay later
e.g. u r an importer who will pay in forex, u will pay early (lead) if u think that foreign currency will appreciate in near future and vice versa.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)