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    HomeNewsBusinessMarketsGIFT City's planned global commodity hub a boon for local traders

    GIFT City's planned global commodity hub a boon for local traders

    Currency exchange risk will reduce if hedging can be done in the same currency as the underlying business of imports or exports, say experts.

    Srushti Vaidya
    May 28, 2024 / 13:40 IST
    Currently, majority of the commodity traders are executing trades from other financial centers including those in Switzerland, Singapore, London, Chicago, Dubai, Shanghai, and Rotterdam.
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