In your interest.
Online Personal Finance Magazine
No beating about the bush.
The currency markets have been adjusting the valuation of the US dollar over the past six years. Its trade-weighted index now, at 80, appears fairly adjusted against all the major currencies compared to its peak of 120 in mid-2002. Viewed against this performance of the US dollar against major currencies, at around its current price of Rs48, the Indian rupee has gained about 3% from its level...