Banking News
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Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
11 Oct
Published
RBI & Policy
4 min read· Economic TimesBanks may explore easier forex hedging amid RBI curbs
The Reserve Bank of India has implemented fresh regulations that drastically reduce the maximum limit for dollar forward transactions by corporates from $100 million to just $5 million, imposing more stringent documentation requirements. To ease compliance, companies may consider classifying contracted exposures as ant…
The Reserve Bank of India has implemented fresh regulations that drastically reduce the maximum limit for dollar forward transactions by corporates from $100 million to just $5 million, imposing more stringent documentation requirements. To ease compliance, companies may consider classifying contracted exposures as ant
#RBI
Source: Economic Times