Indian Rupee Goes From Strength to Strength
OpinionWire Articles
Maxine Holt - Published 18/10/2007
It was reported last week that the Indian Rupee had strengthened further so that now US$1 was worth just INR39.32 (making UK£1 worth approximately INR80.4). The rupee has risen around 12% against the US dollar in the last 12 months, and the expectation is that the outsourcing providers based in India, which service organisations in the west, will be worst affected.
