It is good if the Rupee is apreciating against the dollar. All our stalwarts of Indian corporates can shop across the globe to takeover the forign companies in USD which will make a cheaper deal for them. Thus instead of relying on exports buyout the companies aborad and create more value........
RE:Rupee appreciation
by Chandu on Aug 06, 2007 01:32 PM Permalink
But the corporate indian are only less than 1%. Most of our folks live in the village and are farmers..what about them..unless they get richer, India cannot become rich. India is less of Mumbai,chennai,bangalore,hyderabad and Delhi and more of Bihar, UP, Rajasthan and Orissa.
RE:Rupee appreciation
by saikat dutta on Aug 06, 2007 02:19 PM Permalink
Dear chandu the thing is that those village people donot care about Rupee appreciation, and it donot effect then atleast directly. Hence we should stick to the discussion about the effects of appriciation of rupee. I think so .
