An Analysis on The Fluctuations of Exchange Rate and it's Impact on Financial Performance with Special Reference to Vedanth Tech Solutions Bangalore
Year: 2024
Type: article
Abstract: Exchange rate fluctuations significantly influence the financial performance of globally engaged organizations. This study examines the impact of currency volatility on the financial health of Vedant Tech Solutions, a technology firm based in Bangalore. Through a detailed analysis of financial data, the research evaluates how foreign exchange variations affect profitability, revenue, and operational costs. The study employs quantitative techniques, including trend analysis and regression models, to establish a correlation between exchange rate changes and key financial metrics. The findings highlight the need for robust foreign exchange risk management strategies to mitigate adverse impacts and enhance financial stability. To analysis the research used a secondary data from company site and research paper and ratio analysis as a statistical tool. Insights derived from this research aim to guide Vedant Tech Solutions and similar organizations in navigating exchange rate uncertainties effectively. Keywords: Exchange rate fluctuations, financial performance, foreign exchange risk, currency volatility, risk management.
DOI: 10.55041/ijsrem40202
Authors: NUTHAN M B, GEETHA R
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4405893294