My Comment on an article "Like in 2009, will rupee shoot up 300 paise post May 16 verdict?" published in the Economic Times Dated 07/05/2014 at 10:20 pm.
"We should not see the results based at a particular event happening.
Real value is determined by taking the average during a certain period of time say 3 months or 6 months. The average can be considered to be the real picture of the rupee.
So need not be happy or sad by noticing a jump or slump in values."
"We should not see the results based at a particular event happening.
Real value is determined by taking the average during a certain period of time say 3 months or 6 months. The average can be considered to be the real picture of the rupee.
So need not be happy or sad by noticing a jump or slump in values."
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