Hello franz!! The Indian currency hit a record low of 63.30 against a dollar Monday. The currency has witnessed a large volatility in the past two years. This volatility became acute in the past three months affecting major macro-economic data, including growth, inflation, trade and investment. Managing volatility in the currency markets has become a big challenge for the economic policy makers in the country. Rupee depreciation was badly hurting Indian economy. It was fuelling inflation and has hurt economic growth. My franz think abt it who is d responsible of it. Our culprit Congress Policy maker or we Indian… Seriously ,think bcoz this is my appeal to all dis is time to take right decision which is helpful to our Sweet and lovely country…..:)
Posted on: Wed, 21 Aug 2013 01:46:03 +0000
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