Bank of America Interview Question: Which sector will benefit if ... | Glassdoor

Interview Question

Financial Analyst Interview Mumbai (India)

Which sector will benefit if INR depreciates?


Interview Answer

2 Answers


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

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

ashish jain on Dec 8, 2014

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