Hedging facilities have been made available to Qualified Financial Institutions to hedge their currency risk on account of their permissible investments in India. QFIs have been allowed to invest in rupee denominated units of domestic mutual funds and listed equity shares and to purchase debt securities on repatriation basis. Contents of the RBI circular allowing this can be found at http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=7537&Mode=0
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International Clouded Leopard Day
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First part of a three part Desert trilogy “Wanderers of the Desert”, a Tunisian film by writer/ director Nacer Khemir and starring Nacer K...
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