Comments on: INR making a Mark … http://smartpandian.com/inr-making-a-mark/ as simple as that... Thu, 02 Feb 2012 14:22:11 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Anand Muthuhttp://smartpandian.com/inr-making-a-mark/comment-page-1/#comment-1710 Anand Muthu Wed, 26 Nov 2008 16:19:50 +0000 http://smartpandian.awardspace.com/?p=35#comment-1710 Again in cards, USD vs INR , 1:50.01!!! All time High!! Again in cards, USD vs INR , 1:50.01!!!

All time High!!

]]> By: Anand Muthuhttp://smartpandian.com/inr-making-a-mark/comment-page-1/#comment-14 Anand Muthu Sun, 29 Apr 2007 10:03:08 +0000 http://smartpandian.awardspace.com/?p=35#comment-14 <p>Hey ! your post was Excellant predicting the Exact point for the INR skyrocketing.<br /> But it has some disadvantage tooo ... </p> <p>>>INR Appreciation. Thanks to Indian IT companies and BPOs. They have done a >>tremendous job in INR appreciation. </p> <p>Our IT Software Export business is get boosted only with the money we are getting from US ppl as $s. If there is a depreciation keeps on having a steady progress , then the IT companies wont have that profit. Also the US companies would started paying less amount for *great* software (he he he , try to bear it). </p> <p>So , Strong rupee poses offshoring risks ! :(</p> <p>Also I read that "The rupee has appreciated by 10 percent against the dollar in the past six weeks, recently hitting a nine-year high and experts agree that if it continues to appreciate, Indian-based IT services firms will be forced to increase rates for US customers to protect their margins."</p> <p>info : http://www.itweek.co.uk/itweek/news/2188768/strong-rupee-poses-offshoring</p> Hey ! your post was Excellant predicting the Exact point for the INR skyrocketing.
But it has some disadvantage tooo …

>>INR Appreciation. Thanks to Indian IT companies and BPOs. They have done a >>tremendous job in INR appreciation.

Our IT Software Export business is get boosted only with the money we are getting from US ppl as $s. If there is a depreciation keeps on having a steady progress , then the IT companies wont have that profit. Also the US companies would started paying less amount for *great* software (he he he , try to bear it).

So , Strong rupee poses offshoring risks ! :(

Also I read that “The rupee has appreciated by 10 percent against the dollar in the past six weeks, recently hitting a nine-year high and experts agree that if it continues to appreciate, Indian-based IT services firms will be forced to increase rates for US customers to protect their margins.”

info : http://www.itweek.co.uk/itweek/news/2188768/strong-rupee-poses-offshoring

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