what are the reason behind rising of rupee against us dollar?

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2007-09-27 21:47:36 · 3 answers · asked by gajju k 1 in Social Science ➔ Economics

The dollar has fallen10% to 20% vs almost everybody and the rupee has recently made some modest gains vs most countries in the last few month

2007-09-28 05:22:59 · answer #1 · answered by meg 7 · 0⤊ 0⤋

the reason is behind the growth in the indian economy

2007-10-02 04:13:13 · answer #2 · answered by rex 1 · 0⤊ 0⤋

massive influx of dollar to indian market.
us consumption being disproporationately more than it should be.

2007-09-28 07:08:33 · answer #3 · answered by shailesh 2 · 0⤊ 0⤋