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rupee appreciation
by on Jul 26, 2007 02:44 PM

Rupee appreciation will help Indian domestic companies aquire asset overseas at about 10% lower cost.It will make the imports cheaper(we import more than export)and play a positive role in making export oriented unit more efficient.No exporter needs to die .Necessity will push them to change their mindset to quote in Indian rupees and alternative currencies.
It will be a temporary set back but largely the economy will be benifited.

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