Risk Management and Inter Bank Dealings

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..... ) Regulations, 2000 dated May 3, 2000 (Notification No. FEMA/25/RB-2000 dated May 3, 2000) as amended from time to time and A.P. (DIR Series) circular no. 32 dated December 28, 2010, as amended from time to time, and A.P. (DIR Series) circular no. 114 dated March 27, 2014. 2. Under the extant guidelines relating to hedging of currency risk of probable exposures based on past performance, resident .....

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..... ategory-I banks may bring the contents of this circular to the notice of their constituents and customers. 5. The directions contained in this circular have been issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions/ approvals, if any, required under any other law. Yours faithfully Rudra Narayan Kar Chief Genera .....

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