who the hell cares whats about rupee or dollar, common indian needs work, money and roti, not these analysis, these analyst ever thought of hungry peoples living in slum areas all these analysis are only for rich peoples not for common indian, so go to hell
RE:Rupee strong Dollar Down
by on Jun 19, 2007 09:39 PM Permalink
For all those crying out loud that the exchange rate dosent matter, appreciating rupee is good, even thought you dont care about it, it works for you. One simple example is petrol, with a stronger rupee you are paying less to import it, in the same way all imports cost less and its all the dynamics of what u export and import . If u are living in an isolated world without any trading with any country and u are self sufficient then sure u dont need to care for the exchange rate.
RE:Rupee strong Dollar Down
by Ajay on Jun 19, 2007 09:59 PM Permalink
You have point, imports beacome cheaper. Some imports you want to make cheaper other like foodgrain you don't. It will distroy farm sector along with poor farmer. Indian wheat is as expensive as what's availble in the international market....curency valuation will kill your north indan farmer as he cannot compete with north american or australian farmer.
is there another way .. maybe find alternate source of energy, say hybrid or electric.
