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RE:Rupee vs Dollar
by om pandey on Apr 28, 2007 03:50 PM

How does it impact? More conversion rates make one feel higher earnings but with increased inflation you end up buying less.Appreciated ruppee will make one feel reduced earnings after curreny conversions,but actually it will moderate the inflation and you get cheaper what you bought earlier.Now the difference may arise based upon one's kind of investmentand savings.It would be interesting for you to compute the difference.I bet you gain in medium term.

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The great Indian rupee trick