Wednesday 21 August 2013

Dollar to Indian Rupee to hit 70

Deutsche Bank today said in a report that Indian Rupee could hit Rs 70 to a dollar in a month!
For all the effort in the past month by RBI and the finance minister, the Indian Rupee continues to lose ground almost daily to US Dollar.

Have a look at an informative article by Ajit Dayal on his blog " The Honest Truth"  where he discusses the fundamental problems behind this rot and some probable solutions !!!

Does raising duty on Gold import really address the real problem?

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