Tag: How Weak Rupee Is Beneficial

Bengaluru: A weakening rupee against a strong US dollar benefited Indian software export major Infosys in the second quarter of fiscal 2018-19, said its Chief Financial Officer (CFO) M.D. Ranganath on Tuesday. “We benefited 80 basis points (0.8 per cent) due to depreciating rupee during the quarter. We also got benefit of another 70 basis […]