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    <title>Booking and Cancellation of Forward Contracts</title>
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    <description>All forward contracts booked by residents to hedge current account transactions may be cancelled and rebooked freely regardless of tenor, subject to annual submission of corporate-wise foreign currency exposure details as of April 1; exclusions apply to forwards booked on past performance without documents and to forwards for transactions denominated in foreign currency but settled in Indian Rupees.</description>
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      <description>All forward contracts booked by residents to hedge current account transactions may be cancelled and rebooked freely regardless of tenor, subject to annual submission of corporate-wise foreign currency exposure details as of April 1; exclusions apply to forwards booked on past performance without documents and to forwards for transactions denominated in foreign currency but settled in Indian Rupees.</description>
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