Business Studies, asked by harvindersingh16982, 1 month ago

define please gdr detail

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Answered by Hema266

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Definition of Global Depository Receipt

Global Depository Receipt (GDR) is an instrument in which a company located in domestic country issues one or more of its shares or convertibles bonds outside the domestic country. ... A company can raise foreign currency funds by issuing equity shares in a foreign country.

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