In recent years forecasting of financial data such as interest rate, exchange rate, stock market and bankruptcy has been observed to be a potential field of research due to its importance in financial and managerial decision making. This research paper intended to discuss impact of currency fluctuation in foreign trade and impact of hedging on importer and exporter. Currency fluctuation involves the appreciation or depreciation of domestic currency against the foreign currency in a certain period and business environment. Methodology used in investigating the impact of currency fluctuation on import/export oriented businesses in Gujarat specifically in Ahmedabad region, include questionnaire and interview. The currency market is considered to be the largest financial market in the world, processing trillions of dollars’ worth of transactions each day. Chi square test used to test hypothesis and result revels that there is no association between education qualification and hedging platform used by importers and exporters.