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RE:What is Rupee rise?
by Raj on Jul 25, 2007 08:40 PM

Bapuji rupees is stronger because we are paying only 40 now but earlier we used to pay 45, so the difference of 5 rupees makes the RS stronger. Importer will be benefitted because earlier they had to pay 45 rs for any imports but now they have to pay only rs 40 for any imports so thats a profit of 5 rs for them.

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Rupee rise: How you are affected