Goldman Sachs lists companies to impact from falling rupee

Written By Unknown on Kamis, 20 Juni 2013 | 21.03

The rupee Thursday hit a record low of 59.9 to the dollar, sending the stock and bond markets into a tizzy. The companies that will feel the pain of a falling rupee will be those which import a significant portion of their raw materials and those which have borrowed heavily in foreign currencies.

Brokerage house Goldman Sachs lists 14 such companies, which will hurt from the depreciating rupee.


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