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ArcelorMittal to invest $800M for massive expansion project in Liberia agmetalminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agmetalminer.com Daily Mail and Mail on Sunday newspapers.
From Liza to Tupi, Indian refiners embrace newer crudes to dilute supply risk | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Indian companies that generate revenues in rupee but rely heavily on foreign debt are relatively well protected against rupee depreciation, even as the 3 per cent year-to-date depreciation in the rupee would be temporarily credit negative for them, rating agency Moody’s said on Thursday. Most companies have protections to limit the effect of currency fluctuations. These include natural hedges, some US dollar revenue and financial hedges, or combination of these factors, to help limit the adverse effect on cash flow and leverage, even under a more severe deprecation scenario,” Moody’s said. Therefore, the current rating level could be protected even when the rupee depreciates a further 15 per cent against the dollar. The rupee has depreciated 14.4 per cent already since 2018. On January 1, 2018, it was at 63.68 a dollar, while it closed at 74.36 a dollar on Wednesday. Year to date, it has depreciated 3 per cent. The rupee has strengthened on Thursday as the stock ....
सऊदी अरब से तेल कम ख़रीदने का भारत पर क्या असर पड़ेगा? bbc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.com Daily Mail and Mail on Sunday newspapers.