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Indian Rupee | Rupee Value | Indian Rupee News | Rupee Rates | Dollar Rupee | Rupee Exchange Rates
Forex experts are reworking their strategies following rupee's steep fall in recent weeks. The falling rupee has brought smiles to NRIs and IT companies. But textile exporters are a worried lot as they are unable to square up the dollar-rupee positions. Surging crude oil prices, lower dollar inflows have forced economists to alter their year-end forecasts.
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Exporters surprised
 The recent weakening of rupee against dollar should have brought smiles on the faces of exporters. However, exporters are surprised over the rupee's sudden fall as they have taken forward positions.
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'Tough to predict trend'
 Is it an end of rupee appreciation era or just a technical correction? The rupee depreciation has suddenly raised questions that were forgotten long back by politicians, research experts and businessmen.
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NRIs smile
 The declining value of rupee against dollar has brought a sigh of relief for NRIs in the Gulf region. The low-income workers were struggling due to poor exchange rate of GCC currencies against rupee.
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Shadow on $ investors
 Now, the fall of rupee has been hurting the Sensex and is casting a shadow on the dollar investors.
Relief for IT companies
 Depreciation in rupee positively impacts the operating margins of IT cos by 30-basis points.
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Compiled by Sannidha Praveen
Designed by M. Sudhakar