laman12345

Seems like the thread is closed 3 days ago. May be new change of policy. I am on holidays for 2 days so do not know the reason yet.

http://www.defence.pk/forums/indian-defence/27787-indian-economy-news-updates-188.html

Please do not create any Indian economy news in this case, we are not interested in that

1. India is not the only country whose currency was devalued in last few days, but India rupee, is the worst Aisia performing currency this year.

2. India's huge trade deficit hit a record high of $184.9bn in 2011. (Import goods more than Export goods). Devaluation will only greatly harm India. Everything will be much much more expensive.

The conclusion is NO ADVANTAGE .

http://www.omantribune.com/index.php?page=news&id=119877&heading=Business
http://blogs.ft.com/beyond-brics/2012/04/20/india-hits-record-trade-deficit/#axzz1vl9ZpJxz

1) Indian economy news is not allowed so that thread was supposed to be deleted/closed in the first place
2) Currencies either gain or lose strength every second of the 'working day' so that does not mean we should create a thread everyday
3) Their exports has increased up to 300 billion dollars... 1 rupee of devaluation can increase their exports significantly and also reduce unemployment rate to further strengthen their economy in the long run. I am not saying that the currency devaluation is good for India, there are several disadvantages as well but I was only pinpointing the positive aspects of currency devaluation

India is not the only country whose currency was devalued in last few days... Most of the major economies lost the strength against dollar including Pakistan, UK, Japan, The whole of Europe and Switzerland etc. So posting a random news was not needed