IMA Insights
IMA India's Podcast offers insights on the Indian economy, politics, business environment and functional areas for CXOs and senior management.
IMA Insights
Decoding the Rupee Depreciation with Manoj Goel
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IMA India
The rupee recently hit a new low against the US dollar on the back of rising safe-haven demand for the Greenback and a reversal of the US interest rate cycle. The RBI hopes to contain the fall by keeping domestic interest rates up, but this has created a double whammy for corporate and retail borrowers, who will now have to grapple with higher debt-servicing costs.
At recent IMA CFO NxT Forum Sessions, Manoj Goel, Managing Director & Head of Corporate Sales, Markets & Securities Services for HSBC India, offered a forward view on currency markets and the economic, geopolitical and electoral factors driving them. This podcast summarises these discussions.