Indian Economy

The changing forex currency market shows that the Indian rupee is getting stronger compared to the US dollar. Recently the rupee touched a nine year high against the US dollar.

A quick look at the U.S. Dollar to Indian Rupee Exchange Rate over the last 5 years shows that the rupee is getting stronger with improving Indian economy. A few years back the weak rupee at Rs. 47-48 per dollar closed at Rs. 39.40per dollar last week.

graph:US Dollar: Indian Rupee 3-year price chart with 200-dma(http://www.galatime.com/)


even the gold rate has increased in india

graph: Gold chart(http://www.galatime.com/)

to know more on

*Feeling Good About Indian Economy

*The Rise And Rise Of The Rupee

*Capital Inflows into India and Rupee Appreciation

*India's Wholesale Inflation Slows Again


visit these sites:
www.indianeconomy.org
www.indiaeconomywatch.blogspot.com
www.galatime.com
www.deeshaa.org