Walid Al Zarooni, Chairman of W Capital Real Estate Brokerage, has retained his 5-star ranking …
Read More »RBI intervention makes companies blind to rupee risks
Bloomberg The Reserve Bank of India’s (RBI) commitment to a stable rupee is having an unintended consequence: local companies are getting complacent about hedging their overseas borrowings. A gauge of expected rupee swings fell the most after Russia among 23 emerging markets over the last two years, thanks to the RBI’s regular interventions in currency markets and its success …
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