Depreciating Rupee

Sep 02, 2015 at 13:02 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is likely to depreciate as the markets will be cautious ahead of ADP Non-Farm Employment from US due today. This will keep the Indian Rupee pressurized. Furthermore, worsening monsoon has raised concerns about rural demand that will act as a negative factor for the Indian markets and its currency.
Aug 31, 2015 at 13:18 | Source: CNBC-TV18
In an interview with CNBC-TV18, Ankit Miglani, Deputy MD of Uttam Galva says the growth in demand will decide steel prices and not the price of steel imports.
Aug 28, 2015 at 12:14 | Source: CNBC-TV18
Vimal Kejriwal MD & CEO, KEC International sees Rs 3000 crore of L1 getting converted into orders withing two months.
Aug 26, 2015 at 19:38 | Source: Reuters
The comments, in an interview with The Economic Times, reiterate Rajan's frequent criticisms of the competitive devaluations he has said are occurring globally because of actions taken in the euro-zone, Japan, and most recently China.
Aug 26, 2015 at 16:16 | Source: CNBC-TV18
Mehraboon Irani of Nirmal Bang Securities says the adjustment process on and nobody wants to see more blood. He believes when growth starts, it will be very fast, and swift.
Aug 25, 2015 at 15:39 | Source: PTI
"If recent depreciation pressure on the rupee persists, we suspect that the central bank will be wary of lowering rates further," DBS said in a research note.
Aug 25, 2015 at 11:19 | Source: CNBC-TV18
The Chinese crisis is expected to put downward pressure on the yuan versus the US dollar while the rupee may be more resilient. This will result Chinese imports to India becoming cheaper, says a Credit Suisse economist.
Aug 21, 2015 at 16:29 | Source: Moneycontrol.com
The rupee tumbled to a fresh 2-year low nearing the 66 mark a dollar on weakness in equity market. The currency depreciated by 33 paise to 65.87 a dollar.
Aug 21, 2015 at 08:50 | Source: CNBC-TV18
The range for rupee is seen between Rs 65-66/USD today, says Pramit Brahmbhatt, Veracity.
Aug 20, 2015 at 18:00 | Source: CNBC-TV18
Going by the 6 currency basket against which RBI monitors rupee, rupee was overvalued by 10 percent, even before the Chinese devaluation, says Ashutosh Khajuria, President -Treasury, Federal Bank.
Messages on Depreciating Rupee »

SK25

New Member

4 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

397 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

21928 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

697 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

144 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

176 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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