Zee Germans are coming!
Dec 17, 2012
India’s mandatory hedging threat
India’s central bank is out to force every company to hedge all FX debt exposure, but this heavy-handed approach is not the cure.
You can’t say you haven’t been warned. The Reserve Bank of India (RBI), India’s central bank, has been delivering broadside after broadside to compel companies to take hedging foreign exchange debt exposure seriously.
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