Some Indian experts recently in accept media interviews that, due to the economic downturn will continue to Europe and America trend, the next year's world outlook for economic growth is not optimistic. India's credit rating agencies CARE rating company's chief economist, said MaDan · saab jarvis, the European debt crisis is mainly through trade, finance and foreign exchange market impact to the world economy. The debt crisis of the European market rely heavily on exports country great impact; In addition,cheap new era hats the financial market crisis, which lead to reduce capital inflows and concussion slowed growth, and the countries such as India exchange rate fluctuations will heighten. He also said that the trade between developing countries have capacity, could slow but not enough to offset the impact of the downturn in the developed economies. About the euro exchange rate movements, saab, said Davis, the euro against the dollar will still go weak, to 2012 years before the march will not appear better. Period, the euro against the dollar will be between 1 than 1.33 to 1.35 range. He said: "the euro zone of a possible collapse, but not happened recently in. Dollar as international reserve currency status will be strengthened." India's largest private bank industry credit investment bank chief executive chang da cork Hal said, the deterioration of the European debt crisis may cause damage to the global financial system, and can even lead to market in 2008 as turbulence, but may not appear completely paralyzed, "in another year or two, the road is rough." India joint secretary general chamber of commerce and industry KuMaEr rajeev · that,wholesale nfl jerseys although Europe and the growth momentum may become more weak, but as India and Brazil and other emerging economies of strong demand and international oil prices decline was still has a limit. But, KuMaEr also points out, the euro area conditions worse slump in demand in the short run is likely to have great influence on energy prices.

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