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    <title>Hedging of Overseas Direct Investments By Residents - Liberalisation</title>
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    <description>AD Category I banks may allow residents to cancel forward contracts entered to hedge exchange risk on overseas direct equity and loan investments, subject to verification of exposure and continuance of other conditions from the earlier circular; a portion of cancelled contracts may be rebooked and regulatory amendments will be notified separately.</description>
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      <description>AD Category I banks may allow residents to cancel forward contracts entered to hedge exchange risk on overseas direct equity and loan investments, subject to verification of exposure and continuance of other conditions from the earlier circular; a portion of cancelled contracts may be rebooked and regulatory amendments will be notified separately.</description>
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