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It is deceptive state if things
by mallaiah anchoori on Dec 10, 2007 06:13 PM

What appears outwardly is sheerly a dubious picture of what is going to happen.The lull in the USA economy by reduction of its interest rate/s and allowing all other currencies to appreciate cannot be taken on face value.USA economists are intellectuals of the highest order and is very hard to gauge he depth of their moves in the long run.There is no wonder if it hits the word economy by a single stroke of its strategy.As such,there is no need for any exhilaration for the Asian counties for the temporary appreciation in their currencies allowed by USA.

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Indian economy to be hit hard, if. . .