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
1 Replies
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.
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