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inr appreciation: Hedge against currency risk! TARFs increasingly popular amid low carry environment

Target Accrual Range Forwards (TARFs) are financial instruments that allow investors to hedge against currency risk or speculate on currency movements. They strike a balance between stability and potential gains in foreign exchange transactions, making them useful for companies engaged in international trade, investors with currency exposure, or currency speculators
Monte Carlo Accrual Range Forwards Knock Out Buy Put Economic Times

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