if You are the CFO of a U.S. firm whose wholly owned subsidiary in India manufactures component parts for your U.S. assembly operations. The subsidiary has been financed by bank borrowings in the United States. One of your analysts told you that the Indian rupee is expected to depreciate by 40 percent against the dollar on the foreign exchange markets over the next year. What actions, if any, should you take?

usehttp://www.x-rates.com/to evaluate the performance of the US Dollar and Indian rupee in the last year, month, and week.