Protect against Rupee Appreciation

[sameep]

Hello ,

Is there any way to protect against rupee appreciation in India using forward contracts or options ?

I'm looking to lock in the current value of the rupee over a 5 year period.

Thanks in advance,

Regards,

 

[praveen taneja]

Buy current contract $ and sell next contract $ so position lock and keep it rolling:rofl::thumb:

 

[sameep]

Thank you for your response.

Would it be possible for you to explain how it will work ? I tried to google it but I couldn't really understand it.

Also, are there any brokers in India who accept individuals as clients ?