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Usually, a 1% depreciation in the rupee improves operating margin by 15-20 basis points for Indian IT companies. However, such gains are going to be limited owing to cross-currency headwinds.
India’s Rupee Will Endure Dollar Strengthening, Sitharaman Says. RBI is making efforts to contain the rupee volatility: FM; Cryptocurrency, climate action on agenda during G20 presidency ...
The Indian rupee hit more than a five-week high on Tuesday, as under-hedged exporters dashed to cover their positions, while falling U.S. Treasury yields kept the dollar in check amid recession fears.
Indian rupee firms up to its highest level since late November 2024. Last updated: May 01, 2025 | 07:39. Manoj Nair, Business Editor. 2 MIN READ.
Let's check out some of these countries where the Indian Rupee holds a significant advantage, ensuring an exciting and cost-effective journey. 2 / 8. Indonesia.
MUMBAI (Reuters) -Goldman Sachs' sales and trading desk is recommending an options play on the Indian rupee that will pay off if the South Asian currency rallies to 83 per U.S. dollar over the ...
The Indian rupee is the currency of India; its currency abbreviation is INR. Discover its various types of coins, notes, and how the central bank manages the rupee.