This appreciation of Rupee is seriously affecting the industry & individuals as well. When I sttarted working abroad in July 2006, it was Rs.46.02(my 1st salary exchange rate) and now after one year it is about Rs.40.20 a USD.I am loosing close to 14% of my salary. The employer is not going to compensate for this, I am not sure this apprecaition is doing any good to anyone.
RE:Rupee appreciation
by Loan Shark on Jul 29, 2007 11:27 PM Permalink
why do you care about exchange rate if you work in USA? Maybe you send fome a small amount every month to your parents/family, but your bigger expenses are still in USA.
Indians living in USA do not partcularly care about the exchange rate until they have to send money home.
RE:Rupee appreciation
by Cricket s on Jul 29, 2007 10:37 PM Permalink
great human value from you. Tell us what nationality you are and will tell you where and when you guys begged.
