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let's enjoy !!!!!!!!!!!!!!!
by ag ataur rahman on Jul 25, 2007 10:53 AM Permalink
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Strong Currency = Lower Interest Rates
Lower Interest Rates = Increased Industrial Development
Increased Industrial Development = Increase in job opportunities
Reduced inflation = Reduced Prices
Reduced Prices = Better Infrastructure
Better Infrastructure = Better Standard of Living.
So,
Be happy dude coz the Rupee is appreciating.
Be happy for the motherland's progress !!!
Cheers !!!
regards,
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RE:let's enjoy !!!!!!!!!!!!!!!
by sam on Jul 25, 2007 11:07 AM Permalink
Strong currency = Increased money supply
Increased money supply = HIGHER INFLATION
HIGHER INFLATION = HIGHER INTEREST RATES
higher interest rates = Increased Fx inflows
increase Fx inflows = strong currency
Pls get ur equation right.
High Inflation & high interest rates hurts.
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