Wednesday 27 November 2013

A Comment on linking Modi factor with Rupee value fluctuation


My comment on an article published in the Economic Times.com Dated 26/11/2013 published at 10:15 pm.

"It is good to see rupee sliding towards 60 per dollar. 

But why you think that if Modi is there it will improve to 50 per Dollar? Why not somebody else? Say Chidambaram or somebody like him. 

Giving too much significance to a certain person is not reasonable factor. It is a combination of many factors that decides your currency value and not a personality.

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