The real analysis is to register the correct evaluation i.e. if Rupee is improving or US $ Is Declining. This analysis will provide the correct measures to be taken by the class of markets being handled by the Indian Exporters. It is evident that US $ is declining against other currencies too. So any more mesures to support the conclusion of Indian economy being shining?
RE:Rupee Improves or US$ declines
by DS on Oct 04, 2007 03:01 AM Permalink
Good Point... its actually the US $ going down. One more thing, if we say that 1 rupee means more now than before... more in what sense... parallely (obviously) things become costlier too... isn't it? so where's the gain? I think more factors should be looked upon in order to determine whether Indian economy is really shining... and whether everyone is benefiting... or only a few rich!
