"QFIs would be permitted to hedge their currency risk on account of their permissible investments (in equity and debt instruments) in terms of the guidelines issued by the Reserve Bank from time to time., RBI said in the notification.

RBI decided to allow QFIs to hedge their currency risk on account of their permissible investments (in equity and debt instruments).

Also instructed banks to bring the matter to the notice of their constituents and customers.

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