{"id":7060,"date":"2008-01-29T00:00:00","date_gmt":"2008-01-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"indian-policymakers-looking-to-hedgefunds-to-neutralize-rupee-appreciation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2008\/indian-policymakers-looking-to-hedgefunds-to-neutralize-rupee-appreciation.html","title":{"rendered":"Indian Policymakers Looking At Hedge Funds To Neutralize Rupee Appreciation"},"content":{"rendered":"<p>West Palm Beach (HedgeCo.Net)- India has been looking to hedge funds and loans since this year&#8217;s decline began in industrial growth from 11% a year ago to 9.5% in the first half of 2007-08, coupled with a fall in the expansion of India&#8217;s exports demanded the rationalisation of credit rates by the central banks.<\/p>\n<p>The Federation of Indian Export Organisations president Ganesh Kumar Gupta requested India&#8217;s policymakers to consider establishing a hedge fund to neutralize rupee appreciation along with an apportionment of low-cost dollar loans to exporters among small and medium enterprises.<\/p>\n<p>&quot;It seems that inflation has become the sole concern of the central bank,&quot; said V.N. Dhoot, president of the Associated Chambers of Commerce and Industry of India (Assocham), reacting to the central bank&#8217;s monetary policy review.<\/p>\n<p>He also expressed concern for the small and medium scale sector, which in the absence of funding from equity markets and competition from cheaper imports was bearing the maximum brunt of a demand slowdown and cost of funds.<\/p>\n<p>Alex Akesson<br \/>Editor for HedgeCo.Net<br \/>Email: alex@hedgeco.net<\/p>\n<p>HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<br \/>Be sure to check out our sister sites. www.hedgefundlounge.com, www.hedgefundtools.com, and www.hedgefundemployment.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.Net)- India has been looking to hedge funds and loans since this year&#8217;s decline began in industrial growth from 11% a year ago to 9.5% in the first half of 2007-08, coupled with a fall in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7060","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7060"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7060\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}