INR at its lowest, exporters and NRI gain

Indian rupee is all time low with consumer good stocks falling at all time low and FDI reducing from market, Indian government is having hard time controlling Indian rupee volatility and its further bearishness. Its not only Indian rupee, but also Australian dollar is also weakened past few days. 1 US $ is currently fetching all time high of INR 55 today, 21st may, 2012. Exporters and NRI who remit foreign currency are the ones to ride on this bearish market. US dollar value today is INR 55 and in coming days, it may still rise to INR 57.