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What is the difference between GDR and ADR? Explain. |
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Answer» Global Depository Receipts (GDRs): GDR is an instrument issued by a company to raise funds in some foreign currency and is listed and traded on a foreign stock exchange. American Depository Receipts (ADRs): The depository receipts issued by the company in the USA are called American Depository Receipts. GDR and ADR are similar to each other except:
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