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Banks may get to hedge gold price risks abroad
The Economic Times· 2026-02-18 00:29
The draft norms published on Tuesday would also allow authorised dealers to undertake transactions beyond market hours and with other authorised dealers, IFSC banking units, overseas banking units and overseas entities. This will enable better price discovery for clients and deepen the market. These revisions will help improve price discovery while giving banks more operational freedom, currency dealers said. RBI said on Tuesday that banks designated under the This would include positions arising from int ...