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India to Hedge Currency Risk on Global Bond Sale: Indian Express
The plan to add a mechanism to limit risks from currency fluctuations follows discussions with the Reserve Bank of India.
15 Jul 2019, 12:48 PM IST 
A worker paints a component of a vessel under repair in a dry dock in Dhaka, Bangladesh. (Photographer: Tomohiro Ohsumi/Bloomberg)
(Bloomberg) -- India’s government will hedge the currency risk on a planned $10 billion bond sale in international markets, the Indian Express reported.
The plan to add a mechanism to limit risks from currency fluctuations follows discussions with the Reserve Bank of India, the paper said Sunday, citing people it didn’t identify.
To contact the reporter on this story: Reinie Booysen in Singapore at rbooysen@bloomberg.net
To contact the editor responsible for this story: Shamim Adam at sadam2@bloomberg.net
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