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RE:Rupee rise
by lalit gupta on Jul 30, 2007 12:27 PM

If you know it is 22 billion dollar a year remitted per year. It is big if you know what is total earnings in export and imports. In Gulf people dont spend money on luxories. They try to save as much as so later it can help them in India or to their relatives. If these guys come back then you loose 22Bn USD and no growth in Indian economy.

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