The rupee is certainly not bringing any cheer to economy, no wonder, the exporters enjoy the short term gains, but the importers are bleeding. The higher rupee simply means an increase in prices as we are a net importer. Seems a tough bet, the dollar is expected to touch 60 by many of the analysts. On one side, the US 10 year bond yield is inching up higher day by day on the confirmation by the US Federal Reserve on tapering the quantitative easing (QE). While on the other hand, the Indian Federal bond yield is trading lower at 7.2 per cent and is expected to lower down further as there is increasing speculation over RBI cutting the interest rates .According to analysts, foreign investors have been heavy sellers in recent weeks of Indian debt, which is worrisome for a country which depends heavily on foreign flows to finance its current account deficit and support its markets. Here are some reasons for it : Dollar strength: The dollar index has been rising ...