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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.
The Indian rupee firmed to a more than three-week high by Friday afternoon as the U.S. dollar remained under pressure on bets the Federal Reserve would ... hike seem more likely than a 50 bp hike.
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 ...
NEW DELHI: Falling rupee puts pressure on Air India's cost structure and profitability but the airline has some natural hedge as it can charge more for international flights where tickets are ...
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.
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.
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