Archive for February 15th, 2008
How to protect yourself against the crashing US dollar
Most IT companies in India, InfoBeans included, are facing the problem of the rising Indian rupee. The over reliance on the US market, (not that it is any body’s fault, it is just the largest market) has resulted in many IT companies facing increasing pressures on their margins.
InfoBeans has also faced increasing pressure on the rising rupee front. We have faced and are facing similar issues that everyone else is facing. The purpose of this post is to share what we are doing and in turn try to see if there are any thoughts from the readers.
Here are some of the steps that we have take to tackle the rising rupee.
