RBI’s Sharma urges businesses to hedge risks


VK Sharma, an executive director at the Reserve Bank of India, on January 5 discussed some of the risk management strategies used for hedging foreign exchange, interest rate and commodity price risks.

At the Bangalore Chamber of Industry and Commerce in Bangalore, India, Sharma said: "I would very strongly encourage businesses and industries to invariably hedge their actual risk exposures without exception as a base-case strategy. To say the least, this is by far the most conservative and

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