TCX is proud to announce that is has hedged an equity investment in the financial sector in Pakistan. Doing so, TCX has protected the investor from currency risk. Meanwhile, TCX is in constructive discussions with the State Bank of Pakistan (the central bank) to allow the off-shore hedging of foreign loans. This would open up Pakistan for increased foreign direct investment in USD, while investees would not run any currency risk.
TCX offers currency risk protection in all DAC currencies for two years and longer. In cooperation with its development finance shareholders, TCX creates local currency markets and opens emerging markets to foreign investors.