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Depreciating Rupee

Jun 27, 2016 at 10:16 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to depreciate as demand for safe - haven DX will rise as Britains have voted to leave the European Union which has created uncertainty in the markets.
Jun 24, 2016 at 18:36 | Source: PTI
As Brexit roiled financial markets, top industry leaders today said India cannot be in a denial mode as the referendum has opened a "pandora's box ofgrave uncertainties" and Indian companies, especially in IT sector, will have to rework their strategies for the region
Jun 24, 2016 at 14:49 | Source: CNBC-TV18
Rupee depreciation has come along with Brexit and will have its impact on balance sheets of most of the companies on June 30 and inflation, says Ajay Srivastava of Dimensions Consulting, in an interview to CNBC-TV18.
Jun 24, 2016 at 09:53 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to depreciate as demand for safe - haven DX will rise as latest vote count suggested lead for Leave campaign.
Jun 21, 2016 at 11:38 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to depreciate owing to negative market reaction over the RBI Governor Raghuram Rajan saying no to a second term . However, positive trading in the Asian markets will provide some support to the Indian markets and its currency.
Jun 20, 2016 at 12:38 | Source: CNBC-TV18
Rupee will see a sharp fall (around Rs 69-70 levels) as compared to other Asian counterparts and the RBI's measures to soothe the depreciating rupee will be closely watched, says Divya Devesh of Standard Chartered Bank.
Jun 20, 2016 at 09:00 | Source: Moneycontrol.com
We expect the rupee to depreciate to 67.70/dollar in three months and 71/dollar in 12 months, says Deepali Bhargava of Credit Suisse.
Jun 20, 2016 at 08:16 | Source: CNBC-TV18
We expect the rupee to depreciate to 67.70/dollar in three months and 71/dollar in 12 months, says Deepali Bhargava of Credit Suisse.
Jun 07, 2016 at 12:20 | Source: Moneycontrol.com
Despite favourable weather forecasts, India is not immune to the risk of a renewed rise in food prices, the Moody's note said. It highlighted a possible depreciation in the rupee arising from adverse global events as the other key risk to staying below the inflation target.
Jun 03, 2016 at 08:56 | Source: CNBC-TV18
We expect the USD-INR to trade in the range of 67-67.80/USD today, says Pramit Brahmbhatt, Veracity.
Messages on Depreciating Rupee »

SK25

New Member

6 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

467 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

26841 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

759 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

176 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

14 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

213 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

5 Followers

Economy  

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

1.36 PM Feb 18th 2014

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