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RBI allows foreign investors to hedge currency risks
To improve risk mitigating environment in the country, the Reserve Bank of India (RBI) has allowed overseas investors to hedge their currency exposure. In its first bi-monthly policy, the central bank, in order to enhance hedging facilities for foreign investors in debt instrumen
Asian stocks, currencies start new week on calmer note
Asian stocks rose and gold hit a near three-month high on Monday, extending a move started late last week when a steep drop in U.S. new home sales tempered expectations the Federal Reserve will soon reduce stimulus. Trading was subdued, particularly in the currency markets, as in