3C.5
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Hedging of Commodity Price Exposures
Indian corporates seeking to hedge commodity price exposures (excluding oil and petroleum products) should approach Reserve Bank through a bank. The guidelines to be followed in this regard are given in Annexure II. The proposal with the banks recommendation should be forwarded to the Chief General Manager, Exchange Control Department (Forex Markets Division), Reserve Bank of India, Central Office, Mumbai 400001.