scorecardresearchRunaway rupee depreciation unlikely; rupee's range maybe 77.50-81.50 for the year: Abhishek Goenka of IFA Global

Runaway rupee depreciation unlikely; rupee's range maybe 77.50-81.50 for the year: Abhishek Goenka of IFA Global

Updated: 22 Aug 2022, 09:05 AM IST
TL;DR.
  • Runaway rupee depreciation increases the uncertainty around domestic macros through its impact on inflation.
Goenka says one should stick to G-secs instead of corporate bonds in a rising rate environment as generally credit spreads also tend to widen when interest rates move higher.

Goenka says one should stick to G-secs instead of corporate bonds in a rising rate environment as generally credit spreads also tend to widen when interest rates move higher.