i dont agree... with rupee going strong against the dollar, the common man stands to have more economic power at a global level. Which also means that the domestic market will be even more lucrative for businesses.
It will also be cheaper for the government to invest in infrastructure (very much required) without much help from World Bank and therefore saving on interest costs.
The only ones who take the pinch are NRIs earning in Dollars. But that is just a handful.
The day INR appreciates to 20/$, flights to US will go empty.
