The emergence of market-driven exchange rate system followed by the gradual opening of current and capital account transactions in the 1990s have contributed to significant rise in exchange rate risk and uncertainty through the channel of cross border capital flows. Such developments in the foreign exchange market bear direct implications for employment in the export sectors intensive in labour use. This book is a sincere contribution towards the understanding of exchange rate volatility and its impact on employment prospect within export industries. The book will be a valuable guide for researchers and academicians interested in learning risk and uncertainty associated with foreign exchange rate and its impact on the employment opportunity in India.