Prof. Nitin Saxena and Prof. Ankur Ahuja along with Mr. Abhishek Chandra Dwivedi(PGDM) & Ms. Sakshi Panchal(MBA) attended “Open House Discussion on Impact of Recent Economic and Regulatory Development on Indian Forex Market” at PHD Chamber of Commerce on 31st October, 2017. The session was formally inaugurated by Mr. Anil Kahiatn, President PHD Chamber, Chief Guest- Shri R.S. Ratho, Chief General Manager, Financial Market Operations Department, RBI and Guest of Honor- Shri Vikas Jaiswal, Assistant General Manager, Foreign Exchange Department, RBI.
Mr. Khiatan in his inaugural speech discussed that there are many factors which impact EXIM turnover in a country like Rupee-Dollor ratio, Political environment, Economic policies etc. He categorize players in Forex exchange in three categories Aggressive, Moderate and Conservatives. He also denied on the myth that if rupee depreciate than export with increase keeping data of 2013 where rupee depreciate by 23% and also there is a decrease in Export turnover.
