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I many ways good, in some ways not so good.

@HariPrasad-1 Bro, one suggestion. Don't get your hopes up too much. All this climb may also lead to a rapid decline as soon as the USD jumps or INR falls.

Rupee likely to appreciate further towards Rs 63/USD in next 6 months: Experts The Indian currency, in morning trade which advanced as much as 11 paise against the dollar to breach the 65 level at 64.93 - a fresh 17-month high, could well touch levels of around 63/USD in the next 6 months...

I wouldn't get my hopes up. As soon as the dollar stabilizes, INR rise will stop. When the dollar rises again, INR will fall back down. * Asian currencies rise on broad dollar weakness * Taiwan dollar, Thai baht, Indian rupee hit multi-month highs * Search for yield will support EM Asian...

Reason for Currency Rise is fall of USD http://timesofindia.indiatimes.com/business/international-business/asian-currencies-rise-as-dollar-falls-across-the-broad/articleshow/57850503.cms

On a funnier note, Signora Gandhi once said that the Rupee rate is higher than PM's age. Modi took away that taunt as well from the congress !!

I was following the rupee rate closely since elections. As I expected, rupee indeed climbed. But there is a down side as well. The whole make in India campaign works only if the manufacturing in India is cheap. If rupee climbs, all things in India get a bit costlier and hence will increase...