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RE:Raising rupee good for India
by shashidhar biradar on Jul 26, 2007 08:11 AM

1. It has easened the Loan that we have borrowed from the west i.e 130-150 $ billion we can pay some of the amount.
2. We can Purchase capital goods from USA or from west by giving less ruppes
3. Petroleum sector is major winner as they have to pay less rupees.
4. Petrol and diesel were cheap inflation will be within RBI Norms.

Lastly IT had party for last 10 years now if it doing not well then dont worry concentate on engg. sector


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Re rise may extract Rs 1 lakh