Business Standard

Parekh Platinum Seeks Overseas Hedging Nod

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Anusha SubramanianSangita Shah BUSINESS STANDARD

Parekh Platinum has sought Reserve Bank of India (RBI) permission to allow it to hedge in the platinum group of metals, including palladium and rhodium, in the overseas markets.

The company submitted its application to allow it to hedge in bullion on the London Bullion Exchange last week.

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First Published: Oct 21 2002 | 12:00 AM IST

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