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RE:Rupee Rise so....
by Ajay on Jul 25, 2007 09:16 PM

Fact is

1 Re ~ 3 Yen.

100 Sen = 1 Yen.

Before the war 1 USD ~ 2.5 Yen.

Right after war 1 USD = 360 Yen.

effect of Rising or falling Re is based on ones personal scenario. It is bad for IT / BPO / NRI
if they are comming back to india. What needs to be analysed is if it is good for resident Indians?

Would rising Re lead to deflation. Also, is deflation such a bad thing?


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