Financial Daily from THE HINDU group of publications
Friday, Apr 23, 2004
Financial Daily from THE HINDU group of publications Friday, Apr 23, 2004 |
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Opinion
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Letters Benefits of rising rupee
The benefits of a market-driven rupee are widespread especially for the poor, while the underpriced rupee is a windfall for a narrow segment such as exporters and NRIs. In the near future, thanks to privatisation of the oil sector, the importer's lobby may neutralise the efforts of the exporters and the NRIs. Only thereafter, rational forex policies have a good chance of implementation. N. J. Ramesh Troy, US
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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