Falling rupee Ministry breather for companies with forex debt – Business Standard
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Falling rupee Ministry breather for companies with forex debt
Business Standard “Companies that had booked mark-to-market losses (MTM, writing down the value of assets or securities to reflect their current prices) on account of forex loans taken earlier can reverse that and show profits. Going ahead, they will not be required to … Indian Nifty companies post US$ 907mln in forex losses |
