Showing posts with label business and markets. Show all posts
Showing posts with label business and markets. Show all posts

Thursday, April 16, 2009

Slumdog and Currency in India

India wants its own currency symbol.

The rupee is indeed a strong currency but, if China doesn't even have a standardized keyboard and the euro sign isn't yet really universal, what chance does the rupee really have of making it as a globally recognized symbol?

However, the development of a common market (Sri Lanka, Nepal, adn Pakistan) would certainly help; bringing together more than a billion people using the same currency in a volatile region which would ultimately lead to promoting freer trader within South Asia.