Wednesday, July 17, 2013

Reuters: Money News: Rupee fall drives up offshore debt costs for India Inc

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Rupee fall drives up offshore debt costs for India Inc
Jul 18th 2013, 03:48

MUMBAI (Reuters) - The rupee's slide to record lows is squeezing mid-sized companies that borrowed offshore when times were good, with a slowing economy now making it even harder for them to generate the extra funds needed to cover dollar payments.

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