Hedging Costs at Decade Low Lure India Firms Back to Dollar Debt
A U.S. one dollar banknote and Indian ten rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Hedging Costs at Decade Low Lure India Firms Back to Dollar Debt

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(Bloomberg) -- Indian borrowers stung by the pandemic have found financing costs in the dollar bond market too pricey recently. But that’s changing as their currency hedging costs decline.
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