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Rising Re Set To Dent Liners & #8217; Earnings

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:52 AM IST

Shipping companies expect the rising rupee to dent realisations. About 70 to 80 per cent of the income of the domestic liners is either in dollars or dollar linked.

Consequently, when the greenbacks are converted into rupees, realisations will come down in real terms.

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First Published: May 28 2003 | 12:00 AM IST

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