Jamal Mecklai

It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai

Regulators are much more proactive. If there is any whisper of excessive position-taking, there are questions

A hung Parliament in the elections could certainly turn the tide against the rupee

Companies need to build in an increased risk of default as an additional cost of doing business in China

It's time to increase hedge ratios - exporters, still smiling, should continue to buy out-of-the-money puts; importers and ECB-wallahs should buy call spreads

Indian democracy has finally come of age and we all now know that each one of us can make a difference