Depreciation

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Shimla/Mumbai, May 24 (ANI): Commerce and Industry Minister Anand Sharma has blamed the historic depreciation in the value of the rupee vis-a-vis the U.S. dollar on international economic pressures such as the Eurozone crisis. "There is pressure ...
May 24, 2012 at 16:19 | Source: Newstrack India
The depreciation in the value of the cedi in current times does not pose a veritable threat to the country’s food security, the deputy Minister of Food and Agriculture responsible for Crops, Mr. Yaw Effah-Baafi, has said. He said there was no need to ...
May 28, 2012 at 13:01 | Source: GhanaHomePage
Global rating agency Moody's said Monday that the steep depreciation of the rupee against the dollar will not affect India's sovereign ratings negatively. It, however, added that private sector companies with huge overseas debts will be hurt by ...
May 28, 2012 at 16:43 | Source: Int'l Business Times
Ken Ashigbey MD of GCGL presenting the best in Retial Banking Award to CAL Bank The Managing Director of Graphic Communications Group Limited (GCGL), has called on players in the financial services industry, particularly the banks, to devise innovative ...
May 27, 2012 at 23:11 | Source: Modern Ghana
The Association of Ghana Industries (AGI) says the rapid depreciation of the cedi over the first quarter of 2012 has led to a high level of taxation through continuous increases in import duties charged mainly in foreign currencies. In its first quarter ...
May 17, 2012 at 16:06 | Source: GhanaHomePage
Attributing the slide in rupee value to various domestic and global factors, Pranab Mukherjee on Sunday said the Reserve Bank was taking steps to arrest the currency's depreciation. "There are a lot of reasons for this (depreciation).
May 27, 2012 at 08:23 | Source: Daily News and Analysis
Kolkata, May 20 : Finance Minister Pranab Mukherjee on Sunday blamed the current depreciation in the value of the rupee to financial turmoil in the Eurozone. Terming the 'steep dip' in the value of rupee to be a matter of grave concern, Mukherjee said: "I ...
May 20, 2012 at 10:26 | Source: New Kerala
Losses were aggravated by two exceptional items. One, the company wrote down the value of its Mundra power project by INR 815 crore to account for higher costs due to rupee depreciation. Two, it decided to account for stripping cost (the cost of preparing ...
May 28, 2012 at 04:11 | Source: SteelGuru
At a time when global equity markets are paving way for a phase of correction, moderation and development, India-specific concerns might lead to underperformance by Indian markets in this phase. Jayesh Gandhi, executive director, Morgan Stanley Investment ...
May 22, 2012 at 18:37 | Source: Business Standard
A large component of these extreme true costs of ownership is the luxury vehicles’ steep depreciation in the first five years. These 10 models are projected to lose anywhere between 27 percent and 47 percent of their value in their first half ...
May 25, 2012 at 13:40 | Source: msnbc.com