Most rated companies have buffers to withstand further 10-15% rupee depreciation, says Moody's | Economic Times

Most rated companies have buffers to withstand further 10-15% rupee depreciation, says Moody's https://ift.tt/6JtVhX1 rupee's depreciation is credit negative for companies that generate revenue in rupees but rely heavily on US dollar debt to fund operations, as well as for those with significant dollar-based costs, such as raw materials and capital spending. However, the negative credit implications for rated companies will be limited.