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16 Oct 2007

INFOSYS INCREASES EUROPEAN EXPOSURE

1. Infosys is having a pressure on its margins due to depreciation of dollar against rupee and as a result for every drop of one rupee rate in the exchange rate it was losing as much as fifty paisae or half of its margins.


2. In order to hedge against depreciating rupee it has increased it s European exposure from 18% to 27% since last five years.

3. However, Infosys still considers US as its most dynamic market. Infosys is trying to improve its margins further by improving capita productivity and to use technology in a better and productive manner.

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