World Languages, asked by pareesasawargaonkar, 9 months ago

global depository receipt enables to raise more capital in ___

Answers

Answered by BabyBold07
13

Answer:

Explanation:

epository banks purchase the shares in one country, create a GDR containing those shares, and sell the GDR in the foreign market. It helps companies raise capital from foreign markets.

Answered by navyab3108
2

Answer:

Understanding Global Depositary Receipt

Private markets use GDRs to raise capital denominated in either U.S. dollars or euros. When private markets attempt to obtain euros instead of U.S. dollars, GDRs are referred to as EDRs.

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