It is also really very good news for Pakistani webmaster 1$ = 68.5 PKR 5Rs increase in last two weeks it was 70PKR last week
Due to this appreciation Software companies would heave a sigh of relief but the real thing affecting them is US slowdown! It's time that India takes center stage of world economy in about 20 odd years from now!
Well I am sure soon we would see 43 RS mark and today JP Morgon predicted that due this this IT company may see 15 to 20% profit.
nice explanation sachin... i have seen $ crossed $42.5 mark. i would love to see it cross $45 definitely it will be much beneficial to all indian webmasters by the way.. i check here:http://www.xe.com/ucc/
Well it wouldn't happen to reach 45 Rs. Markets are going up and up now and soon we would see correction in US $ and INR. Once inflation rate drop US $ rate would start back to 40 Rs around. So it is best time to cash out your funds in next few days.
This is a very good news for Indian Business peoples.They will get millions of profit from this.I dream of a time when $1 = 50Rs