its no necessarily true that an appretiating rupee is good for the eco in every sence....today india is becoming a self sufficient nation n with a growing manufaturing sector it is necessary that exports r promoted.....n secondly the stock markets of india r going to be majorly affected if the rupee keeps appretiating.....who will invest in our country if their money fetches them rs 30???....then the rbi forex reserve of doller will lose its value.....if a person says that the govt is using our tax income as a benifit to the exporters by undervaluing the rupee then i will argure with the fact that c this as an investment by the govt rather than a loss coz dol will rise in the long run....crude prices r rising,resulting in reduced demand for crude n complimenting reduced demand for dol.....but as crude will fall,dol wil increase in value.....if dol falls in value,exports,tourism,it,etc will lose again complimenting wit a loss in employment...agreed that inflation will fall but at this stage moderate inflation is imp for our eco coz that helps in da growth of the eco.....agreed it is a good sign tht rupee is gaining value bt it should increase gradually nt like 10% in 6 months....n if rbi discloses its actions then ppl can take undue advantage of da same n the rbi loses.....US eco has come bck 2 a stable level after a panic situation of high inflation n in mid term its expected to press the paddle.....so dols will gain value in the future bt it should all be gradual not drastic
