It's very encourging news for the Indian export-oriented companies during the Rupee appreciation period. We have experinece about 10% appreciation in rupee as compare to USD for the last one year. It has its impact on the top-line as well the bottom-line of an export-oriented organizations (like IT companies, BPOs, KPOs and PPOs). I am waiting for next announcement from RBI to map the concrete plan for currency future.
RE:Hedging Risk Time
by ganesh on Jul 03, 2007 04:41 PM Permalink
arre is 10% ne to ley lii hai, i am waiting for tthe day USD will become around 50 (then 41..) otherwise all all have to get ouor contract revised. no point working at 1USD to 41. it make me soooooooo sick, i am sure this congress will f**k up soon and the USd be again 50....inshaallah
