Most rated Indian companies can withstand a weaker rupee: Moody's1 min read . Updated: 29 Nov 2022, 09:05 PM IST
A steady rise in interest rates in developed economies combined with higher energy prices has resulted in a widening current account deficit, pressuring the rupee
Most rated companies in India can withstand a weaker rupee, though external factors like rising interest rates in developed economies and higher energy prices will increase currency volatility said Moody's Investors Service on Tuesday.
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