Rupee fall: Reserve Bank of India can do little to help

.....one of the reasons for the rupee's decline is that investment inflows are thinning as investor confidence fades. Exporters benefit in such a scenario, while importers and borrowers with liability in foreign currency suffer. "Companies take view of the direction of currency movement and then decide to hedge," says RBI Deputy Governor Anand Sinha. But not all companies hedge, so the declining currency is likely to hit many bottom lines..............

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