Rupee At 62/$ Can Be Problematic: Axis Bank
  • Prabha Hegde
  • Jun 21 2013

Saugata Bhattacharya, Senior VP, Axis Bank, said that companies with large forex debt exposure will be adversely impacted if rupee hits 62 per dollar level. “And there might be concerns surrounding macro-economic factors like inflation if the rupee depreciates further,” he added.