NISM Series XIII Common Derivatives Certification Exam Notes
Page 149 Of 303
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Hedging Gold Investments:Investors may short USDINR futures to offset USDINR risk in gold ETFs.
Foreign Investments:Investors can hedge offshore equity returns using currency derivatives.
Residual Risk Hedge:Companies with both imports and exports can hedge net FX exposure.
Multiple Transactions:For EURUSD exposure, use EURINR and USDINR futures if direct EURUSD contract is illiquid.
Education Payments Example:Future FX risk for education fees can be hedged using futures matching payment timing.
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