The Rupee has gained substantially and in great strength to value at Rs 39.50 per USD. This is inspite of heavy intervention by RBI under instruction from the Govt. of India.
INR 37.00 : 1 USD is a most reasonable value even as on date.
At this rate Rupee should reach this level even before Diwali 2007.
INR 35.00: 1 USD should be the target on the New years day 2008.
INR 37.00 : 1 USD is a most reasonable value even as on date.
At this rate Rupee should reach this level even before Diwali 2007.
INR 35.00: 1 USD should be the target on the New years day 2008.
