Rupee declines against $$ crossed Rs 42 against one $

Discussion in 'General Chat' started by leede, May 12, 2008.

  1. getjimmy

    getjimmy Prominent Member

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    #21
    I hope it will increase for next few months,

    lol,i will wait for that day.
     
    getjimmy, May 12, 2008 IP
  2. leede

    leede Guest

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    #22
    today also it has gained

    4 odd paisa
     
    leede, May 12, 2008 IP
  3. bogart

    bogart Notable Member

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    #23
    With the high rate of inflation, the exchange rate needs to go to 44+. Otherwise outsourcing companies are going to be squeezed hard. The one man show is another story.
     
    bogart, May 12, 2008 IP
  4. leede

    leede Guest

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    #24
    inflation is at 40 months high

    Some eperts predict 43.5 in near term
     
    leede, May 12, 2008 IP
  5. b4db0y

    b4db0y Notable Member

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    #25
    If you are talking about Pakistani Rupee [i don't know if there is another rupee accept indian rupee], the price is like 68PKR~$1

    so i got an increase of PKR 1000 :)
     
    b4db0y, May 12, 2008 IP
  6. BlohG

    BlohG Banned

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    #26
    wow man, thats a great news!
     
    BlohG, May 12, 2008 IP
  7. 111Toxicity111

    111Toxicity111 Banned

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    #27
    Ohh shit i withdrawn all my $ 3 days back from XOOM i got 39. something..

    XOOM is now providing
    Exchange Rate: US$ 1.00 = Rs. 40.7263
     
    111Toxicity111, May 12, 2008 IP
  8. leede

    leede Guest

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    #28
    luck mate...
     
    leede, May 12, 2008 IP
  9. frank.net

    frank.net Guest

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    #29
    good for us.

    Chance to earn few extra rupees
     
    frank.net, May 12, 2008 IP
  10. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #30
    No worries.

    Maybe you will get exchange rate around 42 to 43 INR next time when you again withdraw through XOOM :D

    DON.
     
    deluxdon, May 12, 2008 IP
  11. Baronoid

    Baronoid Peon

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    #31
    Cheers :) Although, i hope you people realize this is bad for the Indian Economy in general?
     
    Baronoid, May 13, 2008 IP
  12. bogart

    bogart Notable Member

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    #32
    43.5 is a good rate. On 5k that's almost 20,000 rupess more.
     
    bogart, May 13, 2008 IP
  13. gauravgrt

    gauravgrt Peon

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    #33
    This is indeed a good news for indian webmaster but bad news for indian economy.
     
    gauravgrt, May 13, 2008 IP
  14. kodut

    kodut Well-Known Member

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    #34
    that would cripple the Indian economy
     
    kodut, May 13, 2008 IP
  15. bogart

    bogart Notable Member

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    #35
    Yeah. 100 to 1 is way to extreme. That will double the price of oil.
     
    bogart, May 13, 2008 IP
  16. leede

    leede Guest

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    #36
    as far as crude is concerned

    i think it is only going to get costlier
     
    leede, May 13, 2008 IP
  17. bogart

    bogart Notable Member

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    #37
    I'm seeing nice apartments for sale in New Dehli for 500k USD. Wow that is pricey.
     
    bogart, May 13, 2008 IP
  18. leandar

    leandar Well-Known Member

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    #38
    big companys started investment in Indian real estate ( a war started )
     
    leandar, May 13, 2008 IP
  19. leede

    leede Guest

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    #39
    today it hit 42.30
     
    leede, May 14, 2008 IP
  20. mobilebuzz

    mobilebuzz Banned

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    #40
    yeah but paypal is paying 40.75 it sux
     
    mobilebuzz, May 14, 2008 IP