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	<title>Comments on: Why Brazil Is the Best of the BRICs</title>
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		<title>By: Nisarg Sutaria</title>
		<link>http://www.contrarianprofits.com/articles/why-brazil-is-best-of-brics-during-this-crisis/5805/comment-page-1#comment-5652</link>
		<dc:creator>Nisarg Sutaria</dc:creator>
		<pubDate>Sat, 25 Oct 2008 08:36:24 +0000</pubDate>
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		<description>As per yesterday&#039;s Reserve Bank of India&#039;s meeting the governor has not changed repo or reverse repo rates. I am agreeing with you that they are betting on growth. Rupee has fallen to 50 per USD. IT has slowdown which is India&#039;s major export. So where the things will go only time will tell. At least IT companies can provide better rates for contracts than their foreign competitors.

Nisarg</description>
		<content:encoded><![CDATA[<p>As per yesterday&#8217;s Reserve Bank of India&#8217;s meeting the governor has not changed repo or reverse repo rates. I am agreeing with you that they are betting on growth. Rupee has fallen to 50 per USD. IT has slowdown which is India&#8217;s major export. So where the things will go only time will tell. At least IT companies can provide better rates for contracts than their foreign competitors.</p>
<p>Nisarg</p>
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