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RE:let's enjoy !!!!!!!!!!!!!!!
by
sam
on Jul 25, 2007 11:07 AM
Strong currency = Increased money supply
Increased money supply = HIGHER INFLATION
HIGHER INFLATION = HIGHER INTEREST RATES
higher interest rates = Increased Fx inflows
increase Fx inflows = strong currency
Pls get ur equation right.
High Inflation & high interest rates hurts.
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The above message is part of the Discussion Board:
Rupee rise: How you are affected