Comment on How much should I pay for a Dollar next year?
1. Yes Puneet, you will be able to very easily enter and exit 100 lots of USDINR, without any impact cost as such.
2. 100 lots of USDINR is $100,000, so if you are long at 62.0775 (it cannot be 0.0771, because minimum tick size is 0.0025) and if you buy buy back at 62.0000, you make a loss of 0.0775 x 100,000 = Rs 7750.