| Foreign Institutional Investors (FIIs) will now be allowed to trade in the exchange-traded currency derivative segment. They will be able to participate to the extent of their Rupee exposure in India.
Besides presence in equities, FIIs engagement in India has also been growing in the debt market. FIIs have invested Rs 1.42 lakh crore in Indian debt instruments in the last five years (CY2008-12). In CY2013 so far, they have invested Rs 6,500 crore. So, they need to more avenues to hedge their currency risk...............................................Full Article: Source
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