This is a dangerous scenario. What is the Finance minister doing nowadays. Countries like India will progress only with Exports. No douth the Dollar was over valued & this is a corection but we have to be careful that or exports are not badly hit. Else we shall have a multiplier effect later wherein the reverse will happen extremely badly
RE:Stronger rupee: End of India's export boom?
by prajwala tatte on Aug 06, 2007 02:50 PM Permalink
Exporters want to rob the farmers and become rich. When rupee becomes stronger farmers get good price for their produce and their purchasing power also increase. I suggest exporters to search and expand market within the country rather than looking towards west for trade.
RE:Stronger rupee: End of India's export boom?
by Priya Jay on Aug 07, 2007 01:57 AM Permalink
Well said. Rupee becoming stronger and Good qualityb products at good prices available within the country is best for India.
