Tuesday, 4 October 2011

Falling rupee: Gainers and losers - Rediff.com Business

Prev     Next

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

Post a Comment

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtist| Educator| |Advisor | Ex Censor | Excellence Assessor | Startup and C-Suite MentorEx MNC Director Startup and C-Suite Mentor

Popular Posts