RPT-Rupee's plunge drives up offshore debt costs for India Inc

Newswire

(Repeats story with no change to text) * Mid-sized firms likely to see higher foreign debt costs, forex losses * Indian companies' foreign debt as of end-March at over $200 bln * Only half of outstanding offshore debt hedged by companies * IT, pharma exporters to reap benefits of rupee depreciation By Sumeet Chatterjee MUMBAI, July 18 (Reuters) - The Indian rupee's slide to record lows is squeezing ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×