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RE:Positive Impact of Rupees Appreciation
by Udhyakumar N on Jul 26, 2007 08:34 AM

Totally agreed! But when you see the difference between your ( ve) points and the article's (-ve) points, it is very clear that benefits and losses have targeted very different communities. No poor farmer or daily labor is going to buy stuff from USA, but they are definitely concerned about drop in the rate of their crop produce and loss of jobs in the garment industry. You are right about the fact that there are winners and losers when market changes. Unfortunately, this change has more unpleasant influence on poor labors and farmers.


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Re rise may extract Rs 1 lakh