RBI permits QFIs to hedge currency risk

With a depreciating rupee and a volatile forex market, the Reserve Bank of India has allowed the qualified foreign investors (QFIs) to protect their investment through the hedging mechanism. QFIs can be either foreign individuals, trusts or associations which meet certain SEBI-specified criteria.




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s