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Depreciating Rupee

Jun 18, 2015 at 09:10 | Source: Moneycontrol.com
The Reserve Bank of India (RBI) would like to gradually allow the rupee to depreciate, so any move towards 64.25/dollar will not be resisted. We expect the RBI to support the dollar, says Ashutosh Khajuria of Federal Bank.
Jun 17, 2015 at 13:05 | Source: CNBC-TV18
According to Indranil Sengupta, chief economist India at Bank of America Merrill Lynch, the Reserve Bank will try and defend rupee at 65/ dollar mark. He believes RBI will not want to give the impression that the rupee is a depreciating currency.
Jun 17, 2015 at 09:00 | Source: CNBC-TV18
Weakness in domestic equities may also keep INR under pressure, says Himanshu Arora, Religare.
Jun 16, 2015 at 13:29 | Source: Moneycontrol.com
From the intra-day perspective, Rupee is likely to depreciate today as lack of agreement between Greece and its international creditors along with the upcoming Federal Reserve meeting due tomorrow will give a boost to the greenback which in turn will be a negative factor for the Indian currency, says Angel.
Jun 15, 2015 at 11:19 | Source: Moneycontrol.com
According to Angel Commodities, On the MCX, gold prices are expected to trade sideways to positive owing to Rupee depreciation.
Jun 15, 2015 at 11:13 | Source: Moneycontrol.com
From the intra-day perspective, Rupee is likely to depreciate today as lack of agreement between Greece and its international creditors will give a boost to the greenback which in turn will be a negative factor for the Indian currency, says Angel Broking.
Jun 12, 2015 at 11:25 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely expect to depreciate today as investors remain cautious ahead of inflation, industrial and manufacturing data due to be release today after the market hours.
Jun 05, 2015 at 11:16 | Source: CNBC-TV18
Paul Mackel, Managing Director & Head-Asian Currency Research, HSBC sees the rupee staying under pressure, depreciating in near to mid term.
Jun 04, 2015 at 10:00 | Source: CNBC-TV18
The sentiment has turned negative on rupee but it won't depreciate very sharply, says Khoon Goh, Senior Forex Strategist, ANZ Research. He sees the rupee touching the level of 65 to a dollar by end of this year.
May 29, 2015 at 10:00 | Source: Moneycontrol.com
The Indian rupee was flat in early trade. The currency has opened at 63.81 a dollar against previous day's closing value of 63.80 a dollar. Pramit Brahmbhatt, Veracity said reduction in FII inflows coupled with profit booking in local equities may pressurise rupee to depreciate.
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

367 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

20803 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

683 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

140 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

174 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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