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Recent currency volatility may have given heartburn to automakers, but for Maruti Suzuki, it has granted reasons to cheer

topics
Maruti Suzuki | rupee | Rupee vs dollar

The recent currency volatility — rupee’s depreciation against the international currencies — may have given heartburn to automakers that rely on imports or pay a royalty to parent companies. But for Maruti Suzuki India, the favorable movement of the Japanese Yen (JPY) — the currency that matters most — against the Indian rupee has given it reasons to cheer.

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First Published: Mon, June 20 2022. 06:10 AM IST

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