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Too much hype for rupee appreciation.
by vijayprabha on Jul 25, 2007 11:47 AM

We allways think Dollar is an important currency and ours is not good. Those days are gone.India is growing in a fast manner.It is a growing economy.The top fund managers of west are investing more money in India now.It will become a developed country in a few years time.When globalisation is accepted the people should accept some ground realities.The weak American economy and strong Indian economy is made Dollar weaker and Rupe strong.We have to find somer alternative way of doing international businesses in future.Importing rawmaterials in Dollar term and exporting in Euro or some other strong currency is a better option now.The predictions are going that the Dollar may go down another 3 to 5% in an year.As shiv khera said only those who think differently can win.

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Rupee rise: How you are affected