e-Nagar

October 9, 2007

Is Indian Rupee appreciating?

Filed under: Thoughts — pegasus @ 6:40 PM

Recently everybody is crying that Rupee (INR) is getting stronger and that is hurting not only the exporters but Indian Industries that compete against imported goods. But is it really the case?

If you look at the graph of INR vs Euro (or any other major international currency) for the past 2 years:
(more…)

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