(Reuters) - The firming rupee , which rose 6.8 percent against
the dollar in the June quarter to 40.72, poses a big problem
for software services exporters that get more than 60 percent
of their revenue from the United States.
Infosys shares had fallen 4 percent in April-June,
underperforming a 0.6 percent drop in the sector index
and a 12 percent rise in the main index on concerns
about margin pressure.
Read more at Reuters.com Market News
the dollar in the June quarter to 40.72, poses a big problem
for software services exporters that get more than 60 percent
of their revenue from the United States.
Infosys shares had fallen 4 percent in April-June,
underperforming a 0.6 percent drop in the sector index
and a 12 percent rise in the main index on concerns
about margin pressure.
Read more at Reuters.com Market News
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