Historically, the Indian equity market has shown a strong positive correlation with the rupee movement.
So, it is not surprising that the market has fallen in recent times as the rupee depreciated -- it is down 9.6 per cent since August 1.
For individual companies, the impact of rupee depreciation will be positive for some and negative for some others.
Companies have various sources of exposure to the US dollar namely; exports, foreign currency denominated loans (foreign currency convertible bonds, external commercial borrowings, etc), international subsidiaries and import of inputs whose costs are linked to global commodity prices
Tuesday, 4 October 2011
Falling rupee: Gainers and losers - Rediff.com Business
Mentoring isn't a Sweetener, it is Brutally Honest, Bitter Truth Pill and KickAss, Stickler Mentor . Many Crack. Few WIN!
DAILY BLOG 10 Award-Winning Mustaches For Your No-Shave November Date: November 19, 2017 Author: Dhananjaya Pakrhe 0 Comments — ...
Online hiring activity sees 9% growth in October: Naukri Jobspeak Online hiring activity registered a 9% jump in October, indicating s...