Minimum mandatory hedge allows rollover of existing ECB hedges to cover full outstanding ECB exposure. Existing hedges for External Commercial Borrowings may be rolled over to the extent of the borrower's outstanding ECB exposure, including trade credits, ... Summary
Minimum mandatory hedge allows rollover of existing ECB hedges to cover full outstanding ECB exposure.
Existing hedges for External Commercial Borrowings may be rolled over to the extent of the borrower's outstanding ECB exposure, including trade credits, because the regulatory prescription is a minimum mandatory hedge, permitting rollover to meet full exposure as reflected in the FEMA FAQ dated June 26, 2023.
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