{"id":1009599,"date":"2026-05-23T09:54:22","date_gmt":"2026-05-23T04:24:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1009599"},"modified":"2026-05-23T10:09:29","modified_gmt":"2026-05-23T04:39:29","slug":"rupee-slide-offers-temporary-relief-to-indian-it-firms","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/23\/rupee-slide-offers-temporary-relief-to-indian-it-firms\/","title":{"rendered":"Rupee slide offers temporary relief to Indian IT firms"},"content":{"rendered":"<p>Sharp depreciation of rupee against US dollar is emerging as a near-term cushion for Indian information technology services companies, helping support profit margins at a time when demand growth remains weak, and concerns around artificial intelligence-led disruption continue to weigh on the sector. <\/p>\n<p>Rupee, which recently slipped beyond 96 against dollar, has become one of the worst-performing Asian currencies in recent weeks. Analysts say the currency movement is likely to benefit export-heavy IT companies because a large share of their revenues comes from North America and Europe and is billed in dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sharp depreciation of rupee against US dollar is emerging as a near-term cushion for Indian information technology services companies, helping support profit margins at a time when demand growth remains weak, and concerns around artificial intelligence-led disruption continue to weigh on the sector. Rupee, which recently slipped beyond 96 against dollar, has become one of the worst-performing Asian currencies in recent weeks. Analysts say the currency movement is likely to benefit export-heavy IT companies because a large share of their revenues comes from North America and Europe and is billed in dollars.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1009599","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1009599"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009599\/revisions"}],"predecessor-version":[{"id":1009606,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009599\/revisions\/1009606"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1009599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1009599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1009599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}