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Rupee is not rising but dollar is weakening
by nitin shukla on Jul 25, 2007 09:58 AM

If observe carefully then one can realise that it is dollar which is weakening due to internal pressures in the US economy. Rupee has not done much vis-a-vis Euro or British Pound.
Only because we have pegged majority of our exports against USD, we are facing this dilema

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