Rate Of Exchange

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Submitted by mbapassion on January 23, 2010

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Rate Of Exchange

Rupee-dollar enigma

Ajay Shah
Posted: Monday, Nov 10, 2008 at 0258 hrs IST
Updated: Monday, Nov 10, 2008 at 0258 hrs IST




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■Baby Blanket■Flower & Cake Delivery■Compare Insurance Quotes■Pop Corn Maker: There is a lot of focus in India on the rupee dollar rate and on RBI’s foreign exchange reserves, as measured in dollars. However, the dollar is not a stable yardstick. The dollar has itself been fluctuating quite a bit. We should be careful not to read too much in changes in the rupee-dollar rate...

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