Saturday, March 15, 2008

Derivatives: Dangers of Speculation to the global economy

REDIFF.com(India) - Derivatives trading (commodities, currency, corporate bonds) is now allowed in the Indian financial markets under Union Budget 2008-2009 presented by the Indian FM in March 2008. MR Venkatesh discusses the dangers of derivates particularly as relates to the US dollar, actual value of goods and services vs. speculative valuation

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