New Delhi, July 06: Appreciation of rupee vis-à-vis dollar has not made any adverse impact on the price competitiveness of computer software and hardware exporters, according to an ESC survey. Upward movement in the value of rupee as against dollar did impact the export realisation of the it companies with 27 per cent of the respondents saying their rupee realisation has come down by 1.25-four per cent of their total exports, D K Sareen, executive director, ESC said while adding the impact has not been much and the companies have absorbed it.
35.41 per cent reported that depreciation of dollar vis-à-vis rupee had no impact on their import. 20.83 per cent said the depreciation of dollar would have a pressure on their import cost who mainly belonged electronics hardware and IT product sector.

Of the 62.5 per cent of the respondents that exported to US, 77 per cent of them exported invoicing in dollar in 2002-03 and 62.9 per cent said they did 100 per cent export invoicing in dollar.
22.91 per cent of the respondents did their export invoicing in euro out of which 4.16 per cent quoted 100 per cent in euro. 18.75 per cent of them did export invoicing in euro covering 0.25-46 per cent of their export turnover. Bureau Report