During 1982 and 1995 no Asian currency got as devalued as Rupee! Thus tghis currency was brought down to a level which was unreal.To be sure this was perhaps 350%. One of the highest devaluation for a economy for which fundamentally nothing was wrong! India could have managed without this devaluation- now things were very cheap for foreigners.THis is not gong to last as this is against the law of economics. The dollar is likly to be of 25 rupees as we donot require more of it.This will happen by 2010!
