The relentless rupee appreciation

October 2007
Chemical Business;Oct2007, Vol. 21 Issue 10, p6
Trade Publication
The article focuses on suggestion on how exporters can cope with the appreciation of the Indian rupee. Exploration of other markets in Africa and South East Asian countries is said to counter the currency risk. Multi-national companies can reportedly help alleviate the crisis by paying salaries in dollars. The disproportion in the revenue income and expenditure can be prevented by selecting one currency per export transaction.


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