Posts Tagged ‘apreciation’
what is meant by rupee appreciation?
recently there has been all this fuss going about the apreciation of the indian rupee against dollar.i have understod this much that in literal sense,it means that rupee is increaing its value and now you get less rupees in same amount of dollar compared to the earlier times.
what is wana know in detail is that hy this rising rupe is a cause of concern for the economy especially to the I T sector of the country.also i would like toknow the other implications of this trend on the general market as a whole.
please enlghten me!
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