Indian oil companies to take falling rupee pain: Moody’s
The decline in the rupee will be felt most in the import-reliant oil sector, according to the credit rating agency. IOC’s rating could come under pressure if New Delhi doesn’t backstop its losses.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts