Going beyond standard measure is required to assess risk. Here’s how

With the rupee suddenly/again seeming like it will remain strong indefinitely, many exporters are sitting on disappointing lost opportunities and wondering what to do in the future. Some companies are looking to extend their hedging horizons; others, remembering 2008/09, are unwilling to go down that road. Some companies are sticking to their historic approach of hedging 50 per cent, praying...