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Depreciating Rupee

May 22, 2015 at 08:54 | Source: CNBC-TV18
Reduction in FII inflows coupled with profit booking in local equities may pressurise Rupee to depreciate, says Pramit Brahmbhatt, Veracity.
May 20, 2015 at 11:52 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is likely to depreciate today as strength in the US Dollar Index will exert pressure on the currency. Also, no respite is seen on the Greece front with as the standoff between Greece and its lenders leading to sharp liquidity crunch. However, optimism in Asian equities will cushion sharp fall.
May 15, 2015 at 14:39 | Source: CNBC-TV18
The Reserve Bank of India is okay with upto 4 percent depreciation through FY16 and is not worried just yet because the Central Bank has been taking measures to hedge the Forex risks and secure levels, says sources.
May 14, 2015 at 08:43 | Source: CNBC-TV18
Meckel says the nervousness bond markets could result in a drag on the currencies
May 13, 2015 at 14:35 | Source: CNBC-TV18
The steel demand has more or less been sluggish and there are no positive signs on that front, so FY16 would not be such a great year, said RK Goyal, MD, Kalyani Steels.
May 08, 2015 at 12:02 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is likely to depreciate today as concerns over the governments taxation policies dented the confidence of foreign investors leading to a major sell-off in the domestic market.
May 07, 2015 at 21:25 | Source: CNBC-TV18
The government believes that the Indian rupee was due for a correction, and it is at a level it is comfortable with, and the recent spike in oil prices has already been accounted for in its Budget, sources in the Finance Ministry have told CNBC-TV18.
May 07, 2015 at 15:30 | Source: CNBC-TV18
Arvind Narayanan, head of sales, treasury and markets at DBS Bank says rupee has been an outperformer for a while now and a fair amount of profit booking is not an issue. He feels a repeat of FY14 is unlikely.
May 05, 2015 at 08:44 | Source: CNBC-TV18
"We see the range of rupee for today between Rs 63.10-63.80/USD," says Pramit Brahmbhatt, Veracity.
Apr 28, 2015 at 12:03 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is likely to depreciate today as month end dollar demand from importers will exert pressure. Also, cautious stance of markets owing to Greece and upcoming FOMC statement will act as a negative factor.
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

358 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

20303 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

674 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

131 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

171 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

2 Followers

Economy  

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

1.36 PM Feb 18th 2014

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