Indian Firms Face FX Scrutiny as Rupee Nears 97 Per Dollar

3 articles · Updated · Bloomberg · May 29

More than 350 mentions of “rupee depreciation” and “hedging” appeared on earnings calls by BSE AllCap Index companies this results season, the highest level in almost eight years.
The spike reflects investor and analyst pressure on executives to explain foreign-exchange strategy as the rupee keeps sliding to record lows against the dollar.
The currency brushed the 97-per-dollar mark last week, turning rupee weakness into a dominant theme across corporate results discussions.
That scrutiny signals broader concern that a weaker rupee could raise costs, squeeze margins and expose gaps in companies’ hedging plans.

Is the rupee's historic slide a devastating crisis or the catalyst needed for India's manufacturing boom?

Can India fix its deep-rooted import addiction before the falling rupee triggers runaway inflation?