0
The appreciation in Indian Rupee means less Rupees for every Dollar, naturally the IT companies who earn most of the revenue in Dollars would earn less money in Rupees which would result into decrease in their profits.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Impact of the fluctuation in the rupee-dollar exchange rate on Indian industry?
i wnat to know about the impact of dollar rupee exchange on Indian industry i wnat to know about the impact of dollar rupee exchange on Indian industry
In 2007-08 What are the impacts on Indian industry due to fluctuation of rupee-dollar fluctuation rate?
The rupee appreciated against the dollar during 2007-08, effecting the revenues of IT Companies and exporters. Numerous SME companies that were fully dependent on the exports were either shutdown or lost their business due to rupee appreciation. The FDI and FII investment in Indian stock markets also saw slow down due to this appreciation. Pavan.
What are some new technologies in the publishing industry?
impact of fluctuation in rupee-dollar exchange rate on Indian industry
What are all the reasons for Appreciation in Indian Rupee value as against US Dollars?
this is due increase of forex reserves and intake remittances with a booming economy wrt trade . it is also due to sinking or standstill of a dollar wrt raising euro also causes appreciation of a rupee. the mechanism to control inflation leads to enhance monetory reserves ultimately leads to appreciation of a rupee.
What is the Indian currency?
Indian currency is Rupee (Re).
What is a rupee tree?
Indian rupee
How much is 1 dollars in Indian rupee?
This depends on what dollar 1 US Dollar in Indian Rupee is 63.60 1 Australian Dollar in Indian Rupee is 50.32 1 Barbardian in Indiian Rupee is 31.98 1 Bahamian Dollar in Indian Rupee is 64.01 1 Canadian Dollar in Indian Rupee is 51.04 1 New Zealand Dollar in Indian Rupee is 46.15
How much 5500000 in Indian rupee?
how much 5500000 pounds in indian rupee
When did Danish Indian rupee end?
Danish Indian rupee ended in 1845.
1000 riyal equals how much Indian rupee?
1500 indian rupee
What is the current exchange of rate of Nepalese rupee against Indian rupee?
Indian Rupee is stronger than PKR (Pakistani Rupee). Though, PKR improved a bit against INR (Inidan Rupee) in recent months but still, it is approximately 0.63 of INR.1 PKR = 0.63 INR
What is the impact of the fluctuation in the rupee-dollar exchange rate on Indian industry Give your answer with special emphasis on the export sector and ITITES companies?
In 2007-08, the Indian rupee appreciated to around Rs.39 against the US dollar, and again plummeted to around Rs.50 by October 2009. What is the impact of the fluctuation in the rupee-dollar exchange rate on Indian industry? Give your answer with special emphasis on the export sector and IT/ITES companies. What can companies do to protect their interests in this volatile exchange rate environment? Also, explain the impact of the rupee-dollar exchange rate on inflation, economic growth, and competitiveness of Indian industry.
