Indian rupee hits record low

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#31 Jun 21st, 2013, 11:40
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#31
The INR almost hit 60 to the dollar yesterday
#32 Jun 21st, 2013, 13:34
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#32
Where is our great economist PM Dr. Manmohan Singh?
#33 Jun 21st, 2013, 14:41
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#33
i am sure it his not his job to monitor/manage currency rates nor to talk up the stock markets. he has much bigger problems on his plate right now.
#34 Jun 21st, 2013, 15:22
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#34
Even on that front government is doing any great work expect aerial surveys.
#35 Jun 21st, 2013, 16:18
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#35
Quote:
Originally Posted by Nick-H View Post Why? Are you earning in Rs with expenses in $s? That would be a difficult situation. I guess I have to add expat workers to the Bad News sector.
Sounds likely.
I guess it depends, I understand our company pays a lot of its Expats in GBP while they are in India, certainly for my 6month secondment to Delhi my pay remains in England, along with most, but not all, of my expenses.

Daniel
#36 Jun 27th, 2013, 12:10
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#36
INR 6o to the dollar breached yesterday.
Where do we go from here?
#37 Jun 27th, 2013, 12:16
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#37
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Originally Posted by GSG9 View Post INR 6o to the dollar breached yesterday.
Where do we go from here?
#38 Jul 9th, 2013, 14:05
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#38
A new low was made yesterday (8th July 2013), no one is sure where the rupee will end up !!!!!!!!
#39 Jul 9th, 2013, 15:38
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#39
Should really help out the textile industry which was whacked by the opposite trend in the mid 2000s..
#40 Jul 9th, 2013, 21:46
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#41 Aug 16th, 2013, 11:35
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#41
Markets are spooked today because of a further fall !!!!!
#42 Aug 21st, 2013, 12:56
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#42
99.15 INR to the GBP

But oddly, doomed or otherwise, we're all still here to tell the tale.



Daniel
#43 Aug 21st, 2013, 15:25
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#43
It almost touched 100 yesterday.
#44 Aug 22nd, 2013, 10:30
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#44
Quote:
Originally Posted by Nick-H View Post It almost touched 100 yesterday.
The pound trading now at 101.20 according to xe.com

GoanGoan......here & there
#45 Aug 22nd, 2013, 10:38
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#45
but then again, onions are Rs 80/- a kilogramme..so there is no real value add. It is all a giant myth.
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