India Eco Summit: Re appreciation will continueBS Reporter / New Delhi December 2, 2007Even as the 15% annual appreciation of the rupee eats into export margins, analysts attending the India Economic Summit 2007 maintained that the trend will continue and said the country will have to adjust its exchange rate against a wider basket of currencies like the Euro and Yen.Suman Berry, director general, National Council of Applied Economic Research (NCAER) said that many G-7 countries had faced a similar situation, and were able to adjust.
