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India Ratings says rupee depreciation is a significant risk to corporate balance sheets, particularly for top borrowers with large forex debt. It estimates a further 10% rupee fall if the US Federal Reserve raises rates by 50 basis points.
Corporate credit stress in India is a macro concern that does not move feed commodity prices directly.
zeebiz.comPooja JaiswarJan 24, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
