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Rising Rupee-what is the solution for exporters?

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Rising Rupee-what is the solution for exporters?

by ZC » Wed Sep 26, 2007 5:54 pm

Exporters (read IT/ITes/BPO) must pay employee salaries in USD/Euro/Yen equivalents depending on the project that particular employee works on. This will help them partially mitigate risk due to uncertain currency fluctuations.
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by Portuguese Man-Of-War » Thu Sep 27, 2007 10:10 am

If you are a large company, you can do stuff like exchange rate hedging. If you are a small company, you have to wait until the time comes to renegotiate. All exporters are suffering, so everyone will increase prices.
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Rupee

by hau » Fri Sep 28, 2007 12:28 am

Portuguese Man-Of-War wrote:If you are a large company, you can do stuff like exchange rate hedging. If you are a small company, you have to wait until the time comes to renegotiate. All exporters are suffering, so everyone will increase prices.




Elaborate on this please.
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