Tuesday, October 17, 2006

Indian Rupee goes up


The Indian sub-continent has been quite the center of attention lately , with lots of import and also export deals , lots of foreign investors pouring in money in the country , all this has been very good for India . Even so the benchmark stock index , the SENSEX as it is called has been breaking records by soaring upwards.This upward trend has made India even more desirable to invest in , taking Rupee 0.2 percent higher to 45.3438 against the dollar as of 9:21 a.m. in Mumbai. Indian rupee has gained 1.7 percent since the last month , I feel it will still go higher as the investment in the country made by foreign investors very positive for quite sometime.

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