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Depreciating Rupee

Feb 23, 2015 at 11:08 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is expected likely to depreciate today owing to strength in the DX following robust manufacturing data from the US. Also, month-end dollar demand from importers will keep the rupee under pressure and will act as a negative factor.
Feb 20, 2015 at 17:58 | Source: Moneycontrol.com
According to Religare Retail research, Indian Rupee is likely to depreciate ahead of the Budget on February 28 with corporates, especially importers, increasing their dollar-buying from the market.
Feb 20, 2015 at 12:18 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is likely to depreciate today owing to strength in the DX following robust jobs data from the US that reiterated hopes of earlier rate hike. Also, uncertainty in Greece will act as a negative factor.
Feb 20, 2015 at 08:51 | Source: CNBC-TV18
Reduction in FII inflows coupled with weakness in local equities may pressurise rupee to depreciate, says Pramit Brahmbhatt, Veracity.
Feb 18, 2015 at 10:38 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is expected likely to depreciate today as investors will be cautious ahead of Federal Reserve and the Bank of England meeting minutes. However, optimism in Asian markets will restrict sharp downside.
Feb 18, 2015 at 09:02 | Source: Moneycontrol.com
Reduction in FII inflows coupled with profit booking in local equities may pressurize rupee to depreciate. However, gains in Asian equities may support the local unit. Range for the day is seen between 61.70-62.70/dollar, says Pramit Brahmbhatt of Veracity.
Feb 18, 2015 at 08:55 | Source: CNBC-TV18
Reduction in FII inflows coupled with profit booking in local equities may pressurize rupee to depreciate, says Pramit Brahmbhatt, Veracity.
Feb 12, 2015 at 09:02 | Source: CNBC-TV18
8.40% GOI 2024 is expected to trade today in a range of 7.72-7.75 percent, says Mohan Shenoi, Kotak Mahindra Bank.
Feb 12, 2015 at 09:02 | Source: Moneycontrol.com
Rupee is also headed towards gradual depreciation. USD-INR is likely to trade today in a range of 62.20-62.50/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
Feb 10, 2015 at 09:06 | Source: Moneycontrol.com
We expect rupee to depreciate today as Asian markets have already opened on a weak note which will force local equities to trade low, says Pramit Brahmbhatt of Veracity.
Messages on Depreciating Rupee »

SK25

New Member

3 Followers

eClerx Services  

Tilak ji - I partially agree here but for eclerx depreciating rupee is an added advantage. Price trend will continue to be strong irrespective of that since we have visible organic growth in next 2 yr

3.30 PM Jun 9th 2014

timepassban
daaa

Gold Member

19 Followers

Sharp India  

depreciating rupee cannot have any effect on topline. Also, the company does not export much. So rupee does not really effect anything but royalty payments.

10.54 AM Jun 4th 2014

totalview

Platinum Member

306 Followers

Ricoh India  

of depreciated rupee and results may not be good particularly vis-a-vis march 2013 when they produced a block-buster quarter, the highest in ricoh india`s history. Management may also have been advised by merchant bankers to produce a subdued or even an adverse financial performance keeping in view the ensuing

12.40 PM May 19th 2014

marketman

Platinum Member

19001 Followers

TCS  

Yes manmohan spoiled Indian economics by depreciating rupee value against dollar.... Indian common man getting penalty..... Of course the same common man gave severe penalty to congress party during these elections.....

6.36 PM May 13th 2014

shmarketgen
ius

Platinum Member

641 Followers

Tech Mahindra  

.Persistent Systems did this a few years ago,and they have rewarded in truckloads.I see TM as such a management as well.On the other hand,Infy/Wipro totally lost the plot & are suffering now.All of us know that the Indian IT cos. have low costs as their biggest advantage.So,a lower/depreciated Rupee is even more

2.23 PM May 9th 2014

tiger8219

Platinum Member

106 Followers

Suzlon Energy  

swapcall I dont have that much accounting knowlegde but if suzlon has posted loss on fx due to depreciating rupee in past then this time we can expect no loss from fx . dont know how bigsky payment will effect it. if full payment is received in one go its different and in installments

11.07 AM Mar 25th 2014

TCS  

With depreciating rupee expect TCS to touch 2350 before result.

5.44 PM Mar 11th 2014

D.LAHIRI

Platinum Member

15 Followers

COPPER  

in fact I also feel china will not sit like a lame duck, they will announce some strong measures very soon, which will facilitate copper to spring up. Further we also cannot disregard that at present we have US support, and oncoming fed taper which to an extent will depreciate rupee.

11.24 AM Mar 11th 2014

vk1939

Platinum Member

167 Followers

Castrol  

weak macro-economic environment, depreciating rupee, persistent high inflation, rising fuel prices and high interest rates, have impacted both demand and costs. New vehicles sales, except two-wheelers and tractors, registered a double digit decline - the worst performance in over a decade. Slowdown

6.41 PM Feb 18th 2014

dr_rkshah

Silver Member

0 Follower

Economy  

Except depreciating Rupee and increasing Inflation,he has not done anything.

1.36 PM Feb 18th 2014

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