India borrowers heading offshore as rupee weakens

Indian borrowers expected to turn to offshore markets as rupee hits new lows.
The weak rupee is leading Indian borrowers to consider dollar funding
The weak rupee is leading Indian borrowers to consider dollar funding

Bankers are expecting Indian borrowers to show more interest in dollar bonds as onshore liquidity deteriorates, though such deals could be hard to sell given the macro conditions in India.

¬ Haymarket Media Limited. All rights reserved.

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