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How Reliance saved $20 million on FX hedge fees

As Indian FX regulations eased in 2014, Reliance took the opportunity to better manage its currency risk while reducing its need to hedge.
How Reliance saved $20 million on FX hedge fees

Reliance Industries exports to more than 120 countries. Its refining business contributed to 72% of its topline in 2014. It is the largest exporter in India, contributing 14% of total exports.

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