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Posted January 14th, 2008 by Whizkid


Whizkid Asks:
What do you think is the future of Rupee Vs Dollar? Would Dollar still fall and rupee go stronger? What is the forcast of rupee?
Answer:
Rupee has been going stronger and at the same time dollar getting weak. Stats show that Rupee has risen from Rs.47 in May 06 to Rs.39 (exchange rate) In Aug 07 ! There is a lot of talk about the future of rupee if it would remain below the 40 mark for the next few years or get weaker. What do you think?
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