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How are GDR different from ADR when both are denominated in
US dollors??
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Answer Posted / mahendra rajput
ADR enunciates for American Depository Receipt, When any
Indian Co. wants to raise fund from U.S.A., it uses this
financial instrument.
And GDR stands for Global Depository Receipt, When company
is required to raise fund from any country (excluding
America), it uses this instrument.
In both the above cases money raises through US dollar.
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