The Indian Rupee has joined its Asian peers and has weakened against the USD over the last few months.
A weak Indian Rupee will make India's Crude Oil imports more expensive and thus add to inflationary pressures.
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A weak Indian Rupee will also hurt the profitability of Indian Corporates with large USD denominated borrowings.
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On the other hand, a weak Indian Rupee will boost the profitability of Indian IT exporters and export oriented Crude Oil Refineries
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A weak Indian Rupee will make India's Crude Oil imports more expensive and thus add to inflationary pressures.
.
A weak Indian Rupee will also hurt the profitability of Indian Corporates with large USD denominated borrowings.
.
On the other hand, a weak Indian Rupee will boost the profitability of Indian IT exporters and export oriented Crude Oil Refineries
