Mahindra Satyam: Forex loss may cast a shadow over net gains – Economic Times
Economic Times |
Mahindra Satyam: Forex loss may cast a shadow over net gains
Economic Times However, margins may come under pressure due to foreign exchange hedging loss. The company had hedges worth $ 234 million at the end of March 2013 with the strike rate of 57.7 per dollar. Any rupee-dollar rate above this level would result in forex loss … |
