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RE:How India should benefit from a strong rupee
by sam on Jul 25, 2007 10:52 AM

A strong rupee may make imports cheaper. But where is the govt allowing that to happen. They have countervailing duties & other import licences acting as a deterent to import cheaper goods. This is the reason why we are not able to import cement which is cheaper in other countries whereas the cement producers are continously raising prices inspite of govts efforts to stop them doing so.

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Rupee rise: How you are affected