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Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
New economy corporations like Baidu, Ctrip and JD.com are all listed in the US through ADRs, but now they are on a list of potential CDRs.
A Swift solution – FINcopy – will inform the Reserve Bank of India in real time of every cross-border transaction involving the country.