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RBI may make hedging mandatory for Indian firms to cut currency risks

Published Wed, Oct 22, 2014 · 09:50 PM

Mumbai

ALARMED at the currency risks that Indian companies are running on their books, the central bank may consider making hedging mandatory if banks cannot persuade their corporate customers to seek protection, several market sources told Reuters.

For now, the Reserve Bank of India (RBI) is calling on banks with detailed questions about how they are compelling c…

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