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hi lets cover a new topic today [Music] [Applause] [Music] what is hedging in exports basically in simple words it means that we are going to cover our risk of dollar from changing right all you need to do if you are an aspiring exporter or a new exporter let me quickly go to google okay if i go to google and if i do usd to inr right now it is telling me the exchange rate is 74.64 right so if you are making pricing in us dollar you will divide you will add all the cost in indian rupees and divide by this dollar but when the payment comes will you get the same dollar because if it does not then you are at a risk right if the dollar goes up for example you have billed one lakh dollars to your customer okay and the dollar from 74.6 has gone to 75.6 it has gone up what happens you have billed one lakh dollars dollar has gone up by one rupees so when the payment comes to your bank account you will get one rupee extra per dollar which is one lakh dollars into extra one rupee is one lakh rup
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