Rupee Rout To Benefit Metals & Mining Sector: R. Muralidharan
  • Ekta Tibrewal
  • Sep 03 2013

September 3: Fitch Ratings Associate Director R. Muralidharan says the rupee rout is likely to benefit the metals and mining’s space, where most of the realizations are linked to dollar-linked prices, but slowing growth could negate these benefits. “Credit profiles are constantly reviewed and we will keep a watch on companies with a negative outlook,” he says. High currency volatility is a concern for India Inc, but economic issues are more likely to affect company balance sheets, he adds.