Is the decline in dollar rate is good for India?

As India is emerging in exports, the increase in dollar will make a bad impact on exports . The cost for importers of Indian goods will move to the countries like Bangladesh,Pakistan and countries with weaker dollar rates . However the imports will a little cheaper especially goods purchased in dollar terms.

yes it is good 4 indians

Well personally i have mixed feelings. As our earnings on mylot is in dollar terms so if we convert it to rupee we stand to lose out little bit. LOL. And yes exports may lose competitive edge as it will have less profits. Though imports like oil, gas, other items prices will be less. Moreover the economy of the country is doing quite well with impressive growth rate and strong rupee. Though inflation needs to be checked.

I think its good for us.The products money will definitely come down especially the foreidn goods.Indian money will have a rise too.