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RE:Crush
by Abhay T on Jul 25, 2007 06:09 PM

Appreciation of Rupee doesn't mean crushing US or even crushing US economy. It is as vague as looking at company A's share price (say 100 rs) and company B's share price (sa 50 rs) and say company A has better prospects than company B. There are several factors for becoming a strong economy. Sooner or later Indian companies will need to invest considerably in research and in newer technologies to compete globally. People need to be trained for becoming more innovative rather than to be trained for what a calculator can do otherwise.

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Rupee rise: How you are affected