IRFC explores some Swiss franc swap to cut dollar risk
To address currency volatility, IRFC is considering converting part of its dollar loans into Swiss francs and diversifying its funding sources. With nearly $8 billion in overseas exposure, the company is also exploring refinancing metro rail projects, aiming to improve earnings.
To address currency volatility, IRFC is considering converting part of its dollar loans into Swiss francs and diversifying its funding sources. With nearly $8 billion in overseas exposure, the company is also exploring refinancing metro rail projects, aiming to improve earnings.
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