Rupee is Stronger Post Reforms The Indian rupee was stronger by almost Rs. 3.17 (5.37 percent) in a 30-day period, down from Rs. 55.35 on 9 September to Rs. 52.18 on 8 October. The lowest was Rs. 51.57 on 5 October. As the reform process continues, experts believe that the rupee will be stronger and may drop down to Rs. 50 to a dollar. Imports will be cheaper, and this should be reflected in the prices of petroleum products. The government should be announcing a small deduction in gasoline prices soon. However, the margins for export are expected to decline, which may not be a good sign. Additionally, a stronger rupee will increase the dollar value of the commodity being exported, making it less competitive in the international market...