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      Whether the EEFC balances can be covered against exchange risk?

      Exchange Earners Foreign Currency (EEFC) Account - As on Jul 05, 2016

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      EEFC account hedging permitted, but sold-forward balances must remain earmarked for delivery; contracts may be rolled over.
      EEFC account balances can be hedged. Balances sold forward by account holders must remain earmarked for delivery to satisfy the forward obligation, but ... Summary

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