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Old 10-16-2008   #1
ssaguturu
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Default How the Rupee Vs Dollar value calculated?

Hi,

i have a doubt on how the calculation happens to the Currency...

e.g.: 1$ = 45 INR[Rupees].

i heard this is based on some GDP & some other aspects... any one help me...

help is appreciated... thanks in advance...

- Suneel Saguturu.
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Old 10-25-2008   #2
ragavendra
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Default Re:How the Rupee Vs Dollar value calculated?

the GDP is the annual growth of the country and if it goes at a high rate then the dollar will fall against the rupee .if not the rupee fall against the dollar.
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