Finance, Forex and Investments

Is Indian economy really a growing economy?

Ya its true that the value of Indian currency has raised against American dollar..... but I cant understand what value does a paper could have... its the product which has the value right? If the value of Indian currency has grown then the product purchased for 100 previously should be purchased for a lesser amount now? but that does not happen... The price of commodities goes on rising... What is the solution for this problem?

Public Comments

1. Increased dollar is only going to have an effect on imports... and it is not immediate either...
2. dont ask me !!!