This appreciation of Rupee is seriously affecting the industry & individuals as well. When I sttarted working abroad in July 2006, it was Rs.46.02(my 1st salary exchange rate) and now after one year it is about Rs.40.20 a USD.I am loosing close to 14% of my salary. The employer is not going to compensate for this, I am not sure this apprecaition is doing any good to anyone.