Posted by: dolphin December 15, 2011
1 USD= NRs. 85.51, Headed to Rs. 90 !
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good things about rising dolllar:

remittance will be higher if the incoming money is in dollar
products made locally will be bought more which could spur growth locally since the imports will be expensive.
brings more businesses because of cheaper products
more export on locally made products

bad things about rising dollar:
imports such as electronics will be higher since they are mostly imported
travel to the US will be expensive.
anybody sending money to the US will have to pay more.


these are all i can think. add more at your convenience.
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