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Monday, November 26, 2018

IT firms expect margin rise despite stronger rupee

Indian IT services firms will see improvement in margins in the quarter to December despite rupee appreciation on the back of lower crude prices, say analysts, who have factored in an average dollar rate of ₹71.5 in the third quarter as against ₹70.7, the exchange rate on Monday, to arrive at their estimates.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2QkQIRj

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