Companies Are Adequately Hedged: Fitch Ratings
  • Ekta Tibrewal
  • Sep 03 2013

September 3: “Most of our portfolio companies are adequately hedged, so the rupee slump is unlikely to have a major impact on cash flows,” says R. Muralidharan, Associate Director at Fitch Ratings. However, on a relative basis, there may see some weakness in credit profiles and balance sheets over the next 12 months, he says, adding that companies with foreign subsidiaries and large forex debt are expected to be worst hit.