Thursday, 9 October 2014

A Comment on Rupee fall against strengthening Dollar

My Comment on an article "Will Rupee see free fall as US Dollar strengthens?" published in the Dated 09/10/2014 at 12:30 pm. 

"It will be the most worst thing to happen if our Rupee falls to 71 a Dollar. Our Government, RBI and other economists must do something immediately to prevent such a chaos. 

But why do you predict such things to happen? 

If US is getting economically stronger, it doesn't mean that India should stagger. We also can pick up the momentum through good measures and our Modi government can also do some miracles to improve the position."

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