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Rupee depreciation adds to Firstsource FCCB burden

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BS Reporter Mumbai

The falling rupee has come a cropper for BPO firm Firstsource as it creates cash reserves for an eventual buyback of its foreign currency convertible bonds. The company has $237-million FCCBs coming up for redemption in December 2012.

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First Published: May 17 2012 | 12:50 AM IST

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