Bank of America

www.bankofamerica.com

Interview Question

Financial Analyst Interview Mumbai (India)

Which sector will benefit if INR depreciates?

Answer

Interview Answer

2 Answers

0

Well, ideally foreign companies with operations in India should definitely benefit, since the monetary resources they bring in from their countries would give them more rupees when INR depreciates

Anonymous on Oct 7, 2012
0

IT sector...since most of them are in exporting of services..so when INR depreciates they are able to convert foreign currency into more INR.

ashish jain on Dec 8, 2014

Add Answers or Comments

To comment on this, Sign In or Sign Up.