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       #Post#: 3--------------------------------------------------
       Indian Rupee crisis is just starting
       By: liveco Date: September 11, 2013, 2:25 am
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       I've been reading some news that the Indian Rupee is already
       recovering... I don' think so.
  HTML http://www.xe.com/currencycharts/?from=USD&to=INR
       Just that there was a brief recovery, with the Rupee regaining
       value from almost 69 a dollar to 63 a dollar, doesn't mean the
       Rupee Crisis is over.
       Why?
       Because the root causes of the swinging of the Rupee were not
       remedied. The Indian Economy
  HTML http://mecometer.com/country/india/economy/
       is still under
       pressure from several factors:
       1- The threat the US will tighten its funding policies in the
       Asian Market still persists
       2- The global crisis and especially that in the eurozone is
       still persisting and thus affecting the Indian Exports
  HTML http://mecometer.com/whats/india/exports/
       and its overall GDP
       growth
  HTML http://mecometer.com/whats/india/gdp-growth-rate/.
       3- India still lacks the Infrastructure such as reliable
       electricity power
  HTML http://mecometer.com/whats/india/electricity-production-by-source/,<br
       />a sound and friendly business environment
  HTML http://mecometer.com/topic/business-environment/
       and an
       efficient transport system
  HTML http://mecometer.com/whats/india/logistics-performance/
       are
       still lacking.
       
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