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Labor costs in India are very low i. It costs 400 $ to live in India. United States is becoming expensive. So simple reasoning tells me invest in Indian rupee. Also it protects me should I hav eto leav USA because of high cost of everything. Even Japan has become very expensive. Not many palces in the worl that are cheap as India and Pakistan. So I am bullish for Rupee. My forecast is 12 Rs to dollar dont know how soon.
Not giving advice this is a disclaimer. Just giving my opinion. Goodluck. Rating :
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