Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
who benefited....
by vijay mittal on Oct 18, 2007 05:49 PM   Permalink

Nobody is concerned about small Indian investor any more. The dollar has been allowed to depreciate vis a vis rupee to the extent of 13/15%. The foreign FIIs who brought dollar at 43-44 rupees are immediate gainers as the dollar is now 39-40 rupees. It is at the cost of exports.
The present government is interested in foreigners and not aam aadmi.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
'Who benefited from the market crash?'