Results 1 to 2 of 2

    • Join Date: Jan 2007
    • Posts: 1,740
    • Post Thanks / Like

    weak rupee, open the bubbly

    There's not much good news on the currency front that will hover around Rs 45 to Rs 47 to a dollar. This brings us to the question, is a weak rupee good or bad for our economy? Exporters will open the bubbly as a weaker rupee makes their products cheaper in the world market.
    But if you happen to think of going to study abroad, you are likely to see an increase in your expenses in rupee terms. Indian travellers, too, will have to exchange more rupees to buy dollars when they go abroad.

    Please explain the emboldened parts to me.

    For a side note : "I know what rupee means" but I don't know what they mean by "weak rupee".

    • Join Date: Oct 2006
    • Posts: 19,434
    • Post Thanks / Like

    Re: weak rupee, open the bubbly

    on the currency front >> in this context, "front" means a particular area f activity [currency dealing]

    A weak rupee is a rupee that is not worth much against other currencies, particularly the dollar, the pound sterling or the euro.

    open the bubbly >> celebrate ["bubbly" = champagne.]

Similar Threads

  1. Open AT or Open ON?
    By MarieV in forum Ask a Teacher
    Replies: 1
    Last Post: 21-Nov-2007, 20:51
  2. Open blue eyes
    By nyggus in forum Ask a Teacher
    Replies: 5
    Last Post: 22-Oct-2007, 20:09
  3. open
    By siruss in forum Ask a Teacher
    Replies: 7
    Last Post: 19-Mar-2007, 16:03
  4. country wine weak heads may overpower
    By NewHope in forum Ask a Teacher
    Replies: 3
    Last Post: 04-Nov-2004, 07:15
  5. open water
    By sunjuvo in forum Ask a Teacher
    Replies: 3
    Last Post: 13-Jan-2004, 14:21


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts