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RE:Rupee Appreciation
by vishal gupta on Jul 31, 2007 11:29 AM

I feel like laughing on your comment, dear....and it seems you have no knowledge of economics as such forget the world economics you dont have the basic knowledge of it. First let me know from where did you get this figure that 20% Indian families are hosting there one member in foreign land...i think you have someone of your dear family member their in US... neways let it be... now let me tell you it is not that rupee is rising but it is the non-performnance of dollar and it is not only against but if you compare it with any major currency of the world dollar is going down...ok then it is benefiting india in many ways the imports are getting cheaper and the fiscal deficit(I dont think you know the meaning of this term) is falling... just for handful number of exporters you are feeling so much ...

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The above message is part of the Discussion Board:
Rupee rise: How you are affected