Most corporates can withstand ongoing rupee fall: S&P report
Most corporates can withstand the ongoing rupee fall as the share of their dollar-linked earnings largely balances the share of their debt repayable in dollars, according to a Standard & Poor (S&P) report. "A few of them will be negatively affected, but not severe enough to impact their credit ratings," it added. So far, rupee has lost 8.5% this year.