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The article "As China attempts to cool, India now a hot destination for FDI" (Business Line, May 22) is encouraging.

At the same time, there is also caution by some that the appreciating rupee and excessive monetary expansion could have the effect of driving away foreign investors.

The RBI will have to resolve the dilemma without affecting FDI inflows.

A. Jacob Sahayam

Thiruvananthapuram

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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