In my estimation, sir, it takes about two to three years for a change in the exchange rate to have a full impact on investment production and employment decisions in manufacturing. So the 300,000 and some—I think it's closer to 350,000 now—reflects the rise in the dollar from 2002 through to 2005 or 2006.
What we will see now is the impact of the last dramatic section of the appreciation, and we will feel that over the next two to three years as well. I would expect the 300,000 jobs to be lost gradually over that period.