Bank of America Interview Question: Which sector will benefit if INR depreciates?

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Bank of America Financial Analyst interview

Bank of America Interview Question

Financial Analyst Interview

Which sector will benefit if INR depreciates?

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Anonymous

Dec 9, 2014

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.

Anonymous

Oct 7, 2012

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

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