Any exporter who is not hedging should keep a stop loss policy or hedge via option: Amit Pabari, CR Forex

“The rupee is at a multi-month low, but Indian corporates are becoming complacent about hedging their currency. Forward premiums have decreased, making it less attractive for exporters to book forwards. Additionally, exporters still believe that the rupee will depreciate further due to aggressive rate hikes by the US Federal Reserve. Small businesses and individuals can also use currency derivatives to hedge their currency exposure. ”