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CIRCULAR NO. RBI/2024-25/17 A. P. (DIR SERIES) CIRCULAR NO. 01, DATED 15-04-2024

RBI allows resident entities to hedge their exposures to Gold Price Risk using OTC derivatives in IFSCs
Editorial Note : Earlier, resident entities were permitted to hedge their exposure to the price risk of gold on exchanges in the IFSC recognised by the IFSCA. To provide flexibility to resident entities for hedging their gold price risk exposures, RBI has now decided to permit resident entities to hedge these exposures using OTC derivatives in IFSC, in addition to derivatives traded on exchanges in IFSC. This is subject to certain stipulations set out in master directions on ‘Hedging of Commodity Price Risk’.



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