Dollar Vs Rupee : Crash and Loss
So this is a good time for the importers, dollar is nearing 40 INR and most of the export contact are in jeopardy. Most of my college time friends are importers and it’s a boom time for them. I have recently suffered a loss of 1 peti in my last order approximately just because of this fluctuation. What to do?
Shall we curse the exporter (including us) that they exporting too much or the importers that they are not importing much.