Hedging of Overseas Direct Investments

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.....(DIR Series) Circular No.47 December 12, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Hedging of Overseas Direct Investments It has been decided that henceforth resident enti....

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....on the due date. 2. If a hedge becomes naked in part or full owing to shrinking of the market value of the overseas direct investment, the hedge may continue to the original maturity. Roll-overs on t....