Interview Question

Finance and Operations Associate Interview

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D. E. Shaw India

If the rate of $/Rs. was 50 in december and in march it is 45, has the dollar appreciated or depreciated and what does this mean for Indian exporters?

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Interview Answers

5 Answers

8

Dollar has depreciated. This is bad news for exporters because they earn in $ and for every $ they exchange in the bank, they will get Rs 5 less than what they used to.

Pranay on

7

Dollar has depreciated which makes the goods they purchase in India more costlier thus they avoid importing from India.

Bharath N D on

1

Its Exchange loss for Indian Exporters, as $ depreciated

Eswar on

2

A very long drawn out process. The good thing is they strive to keep you updated about what is happening at every stage, however one month of waiting can be nerve wracking

Anonymous on

5

dollar has appreciated. exports will decline.

neha on

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