Research Reports


COMING OF AGE

Russia, India and South Africa were the most mature of 14 emerging FX markets we studied, using data from the last (2007) BIS survey of central banks. They each scored more than 50 on the Market Maturity Index (MMI), suggesting they are more than halfway there, as compared to the fully mature markets, like the US.

August 2009


FX Risk Management for Indian Fertilizer Companies
The fertilizer industry plays a pivotal role in the Indian economy supporting the ongoing need of increased farm productivity. The industry as a whole is highly regulated with production quotas and an administered price mechanism (APM) that insulates farmers from high prices. Fertilizer producers are compensated via a subsidy that accounts for the differential between a commercial price and the administered price of fertilizers.

White Paper for fertilizer industry