With Indian Rupee appreciating and US Dollar depreciating rapidly, what effect does it have on recruitment/recruitment strategies?

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With Indian Rupee appreciating and US Dollar depreciating rapidly, what effect does it have on recruitment/recruitment strategies?

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With Indian Rupee Appreciating, it is obvious that the major effect in earning capacity will be of companies that do overseas business. Thus, the hiring impact will be seen there. Slightly lucrative strategies will be effective here, as the people whom we would be dealing will either be NRI’s or expatriates. People would like to come to India to fill in their bank balances.

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