On the contrary, if accounting rules stand in the way of agents’ adopting a hedging strategy that economic rationale hold optimal – on the basis of information available at the time, I must qualify, and not with the twenty-twenty vision of hindsight – then perhaps there is a need to take a relook at this inconsistency. Role of banks 17.
Recent commitments in the areas of foreign investment show the huge attraction among foreign investors. Currently, the stock of FDI stands around Rs. 114 billion (5.1 percent of GDP), which is mainly in the areas of energy, manufacturing, service, tourism, minerals, and financial services. 8.