Gabe, recollecting your response on the subject, let me ask you: Is it the
right time to applaud your Kangress?
As of today and at 7.27 pm, 1 US dollar is traded at 66.13409 rupees.
For your information, Economic Forum of India is of the opinion that if
India Government does not act fast, it
RESPONSE: As your Honourable Finance Minister has pointed out - India is
not the only Emerging Market suffering this...and I thought you were well
read :-((
If it gets to USD 80 Rupees - every NRI and his brother and mother will be
back to India to rule over the locals - you included! I have
USD 65.84 and STG 102.27. The Brazilians recently lined up USD 60 billion
to defend their Currency.
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DEV BOREM KORUM
Gabe Menezes.
