You are here

RBI urges companies to hedge FX exposure

India's central bank seeks to shield the rupee, Asia best performing currency, from global financial seismic shifts

BT_20150131_NAHINDIA31_1490400.jpg
SHORING UP: The Reserve Bank of India wants corporates to increase their hedge ratios to be better prepared for turmoil when the US decides to raise interest rates.

Mumbai

INDIA'S central bank is making extra efforts to spur the country's corporates to more actively hedge their foreign exchange exposure, in order to fortify the country's defences against any risk of currency turmoil.

The efforts reflect the Reserve Bank of India's fear of

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom