Open Means Open Means
- Boddunan.com Updates - - Announcements - - Contests & Rewards - - Group Discussions - Discussions - - General Discussions - - Improving English Writing Skills - - Q n A - Find answers to your questions - - Daily Dose - - Topics of Interest - - - Current Affairs & Latest News - - - Education & Learning - - - Humor & Jokes - - - Movies & Entertainment - Your Vote Counts - - Feedback - - Suggestion Box - Shoutbox - - Introduce Yourself - - The Lounge - - Help - - Testimonials
Rupee slides to a new low this year..
in Current Affairs & Latest News
Last year it did go down to 57 odd rupees to a dollar but recovered and came up to Rs 52 odd...But now it has been steadily going down and reached Rs 56.65 to a dollar yesterday and may go down to lower levels..
http://timesofindia.indiatimes.com/business/india-business/Rupees-slide-toward-record-low-puts-India-in-tight-spot/articleshow/20429650.cms

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

  • 0 Dislikes 0 Likes
    • Add Favorite Report
    Like it on Facebook, Tweet it or share this topic on other bookmarking websites.
    Good new for people who earn in Dollar. Even for people who are trading in forex. Perfect scenario for companies such as TCS and Wipro. They will make most of it. However not good for Indian economy :(
    Article Writing - Practiced By Many, Mastered By Few!

    Earn While You Learn :)
    http://www.boddunan.com/articles/miscellaneous/22424-get-paid-by-writing-interesting-and-effective-articles.html
    Thank you said by: usha manohar
    0 Dislikes 0 Likes
    Report
    Good new for people who earn in Dollar. Even for people who are trading in forex. Perfect scenario for companies such as TCS and Wipro. They will make most of it.



    Thats very true :) , your returns are more....Forex traders have been caught by surprise and many must have lost out because of the one way movement ...

    Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

    Thank you said by: Rakhi Yadav
    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.
    Thank you said by: usha manohar
    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    Thats true, but does a falling rupee make any difference to foreign investors since they will be paying in foreign currency and the shares are valued in foreign currency for outside investors...

    Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    Thats true, but does a falling rupee make any difference to foreign investors since they will be paying in foreign currency and the shares are valued in foreign currency for outside investors...


    It's good for foreign investors but the Indian economy reflects in bad light, which could keep investors away. However the effect of federal reserve would die down soon to bring Rupee back to around 54 in a week or so.

    I love this free image hosting site for sharing my work

    https://o0.nz/

    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    Thats true, but does a falling rupee make any difference to foreign investors since they will be paying in foreign currency and the shares are valued in foreign currency for outside investors...


    It's good for foreign investors but the Indian economy reflects in bad light, which could keep investors away. However the effect of federal reserve would die down soon to bring Rupee back to around 54 in a week or so.


    True. No foreign investor likes to invest in a country where economy fluctuates at the drop of a hat. Volatile economy is the last thing a foreign investor prefers.
    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.
    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.

    Yes that is true to a certain extent since we deend on monsoon rains for power and of course without water resources the economy esp the agricultal side of it cannot thrive..

    Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.

    Yes that is true to a certain extent since we deend on monsoon rains for power and of course without water resources the economy esp the agricultal side of it cannot thrive..


    We abused nature and seeing the outcome. A country with depleted natural resources will have a turbulent economy followed by other imminent evils.
    0 Dislikes 0 Likes
    Report
    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.

    Yes that is true to a certain extent since we deend on monsoon rains for power and of course without water resources the economy esp the agricultal side of it cannot thrive..


    We abused nature and seeing the outcome. A country with depleted natural resources will have a turbulent economy followed by other imminent evils.


    Distribution of water source are not equal here. Some parts of country are facing drought and some are floods. Second thing here water is property of state so they used it as they like.
    0 Dislikes 0 Likes
    Report
    You do not have permissions to reply to this topic.
    Related Topics
    Title Category Replies
    What are the impacts of modern technology on family communication? Discussions 0
    Women should get to wear whatever they want! General Discussions 0
    Understanding What Education Is? Discussions 0
    Whose birthdate is a lucky ? General Discussions 0
    importance of skill Topics of Interest 0

    Forum Categories

    Trending Topics

    What are the impacts of modern technology on family communication?
    Women should get to wear whatever they want!
    India - The Country still Alive
    Understanding What Education Is?
    How Our Education System Kills Our Ability to Question?