Rupee still stays weaker, Dollar Value Rs. 49

Sunday, October 19th, 2008 | Tech news

Rupee has shown no signs of improvement and dollar value in india is nearly Rs. 50 per unit, the quite unexpected thing. Several weeks back, people who wished dollar value should increase in india upto Rs. 45 were praying for it. And now, dollar isn;t slipping even below Rs. 47 at any cost. Its all time between Rs. 48-49 and may be soon in a day or two it would cross Rs. 50 mark making headlines in newspaper here. Major problem in inflation which is at 11.5% in india.

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1 Comment to Rupee still stays weaker, Dollar Value Rs. 49

[...] has got stronger by about Rs. 2. Dollar value is Rs. 47.5 according to XE which showed Rs. 49.3 few days back, so just near US election time. Inflation is a major problem with layoffs in all sector and experts [...]

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