American Economy and its Effect
                                                       
                                                       Indian Rupee was showing down trend until now but it is getting stabilize after the decision of the American federal reserve.It is a relief for Indian economy which is suffering with inflation, the decreases of production and export. Its Current Account deficit is also going on increasing.
                                                      The Economist were  waiting for the American Federal Reserve decision  regarding the reduction of bond buying amount pm as american economy is improving.They expected that federal reserve may reduce the bond buying per month from 85 billion dollar to 60 billion dollar.
However federal reserve chairman Ben Bernanke kept the stimulus on the same level..
                                                        American Federal Reserve may not have reduce the stimulus for reasons that GDP has increased from 2 to 2.3% instead of 2.3 to 2.6 %. The Real estate market has not yet stabilized and it may go for further correction. The worker participation for increasing the production  is not satisfactory.

                                                         The decision of American federal reserve have boosted other currencies against dollar and brought the life in world share market.  It is relief in world financial market but the Ben Bernanke is retiring in the January 2014. His successor may have to take unpleasant decision  as per the prevailing cicumtances then.
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