Large firms can take another 15% rupee drop due to natural hedge: Moody's

Analysing 22 rated Indian firms, Moody's found nearly half of them had dollar revenues or contracts priced in US dollars that protect the local earning


Indian companies that generate revenues in rupee but rely heavily on foreign debt are relatively well protected against rupee depreciation, even as the 3 per cent year-to-date depreciation in the

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First Published: Apr 29 2021 | 1:53 PM IST

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