Our Country has retained the 12th spot by joining the Trillion dollar economy club,by significant growth in the manufacturing sectors.
Rupee's value has been consistently improved in the global market against the Dollar value. This would be one of the true reasons for procuring this spot, i reckon.
Pl have a look at the article,
If this stage continues, i will promise you, the dollar value may not amplify further in mere future, which may decline to some near value around 35 in a short time.
lets keep our fingers crossed for this special day :)