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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Question Your Company June 1999
Hi John,
The answer states that there is no need to use dim sum bond market, unless the entity has direct investment in China or may rereceive a better interest thereby.
My question is what about using of China currency for hedging purposes without direct investment in China (I.e. loan in non-related currency which is naturally a hidden hedge and which is reported like embeded derivative per IFRS, if I’m not mistaken).
Would it worth a mark?
Thank you in advance.
I think we must have different versions of the question.
I have the original exam question and it is about preparing a revised guidance manual. There is no mention of investing in China (or in any foreign country 🙂 )