Satyam Computer Services is still assessing the impact of rupee on its guidance. Every 1% rupee increase will impact the company's margins by 30 basis points. Another 4% appreciation in the rupee will mean a 120 bps hit on margins.
Srinivas Vadlamani, Chief Financial Officer, Satyam stated that the company had hedged against USD 650 million compared to USD 450 million at the beginning of the year. The overall hedging policy of the company is 50% of the dollar inflows. The company's guidance factors in the rupee at 42.30 per dollar.
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