Examlex
An FI acts defensively as a hedger to reduce FX exposure if it engages in the purchase and sale of foreign currencies for hedging purposes to offset customer or FI exposure in any given currency.
Privately Controlled
refers to entities or businesses that are owned, operated, and managed by private individuals or corporations rather than by the government.
Economic Growth
The increase in the inflation-adjusted market value of the goods and services produced by an economy over time.
Export Promotion Policies
Government strategies and measures aimed at increasing the quantity of goods and services sold to foreign countries.
Developed Country
A nation with a relatively high level of economic growth and security, often characterized by a high standard of living, advanced technological infrastructure, and a diverse economy.
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