Mishra said the FCNR scheme acts as a way to buy more time, effectively lengthening short-term currency hedges—which used to mature in three to six months—into three- to five-year commitments.  
Mishra said the FCNR scheme acts as a way to buy more time, effectively lengthening short-term currency hedges—which used to mature in three to six months—into three- to five-year commitments.  
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Mishra said the FCNR scheme acts as a way to buy more time, effectively lengthening short-term currency hedges—which used to mature in three to six months—into three- to five-year commitments. &nbsp;
