Rupee Will Loose, Not a Gimmick

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One Rupee Campaign - Make Better IndiaActually after New Reserve Bank Of india Governor taking position, Rupee were on the top revival. But actually Rupee appreciated due to handsome growth back home. Or something good happened to India or to the economy. Did Exports had increased better than imports. Did India invent or discover something new products which can change the consumption pattern of the world? If above all happened, automatically India Rupee will appreciate against other currencies.

United States of America is planning to curb the bond-buying scheme in the coming quarter, which will appreciate the US$ Dollar. As United States Dollar appreciate which will bring all the currencies, commodities, down. So automatically Indian Rupee will also come down. Wait for that.

But please the Government must come up with policies which will bring the export up. If export comes up automatically Indian Rupee will come up, which will bring the United States Dollar down. Waiting for some good fiscal policies and monetary policies. Both must be done together or it will be like punching the hand in the air.

CAT 2013; Yahoo News

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