Thursday 8 May 2014

A Comment on Rupee's value post May 16 verdict

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."

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