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Hedging of Gold Price Risk in Overseas Markets

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Full Text of the Document

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....y Statement for 2023-24 dated February 08, 2024, regarding hedging of price risk of gold in overseas markets. Attention is also invited to the Master Direction - Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directions, 2022. 2. Resident entities were permitted to hedge their exposure to price risk of gold on exchanges in the International Fina....

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