Just came across news that indian forex reserves increased for the week which might be indication that foreign investors are betting on india again and thats the reason US $ reached 47.0 levels so thats a sigh of relief for the sectors which are hit by recession. so the forex reserves on october 2nd week aere at 280 billion US$.
The Fossil Fuel free economy
Friday, October 9, 2009
Recession finally easing as forex reserves increase :)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment