Lower foreign currency hedging can spell trouble for Indian firms8 min read . Updated: 17 Sep 2014, 11:25 AM IST
Deterred by high cost and RBI's continuing efforts to prop up the rupee, hedging of forex exposures sees a drop
Mumbai: Indian companies are increasingly keeping their foreign currency exposure unhedged, deterred by the high cost of hedging and lulled into complacence by the rupee’s relative stability in recent months.
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