I hate BUSH! He is the biggest culprit! All value of $$ is decreasing because of stupid Iraq Wars for Oil!!!!! He killed so many innocent people...I wish he dies in hell! Just because of him, I am losing more than $100 a month!
Hi, If we look in terms of $$.. It is a bad time.. But it is good that INR is becoming strong against USD.. This has its adverse on EXPORTS business in India also like IT, etc. But iam pretty happy that INR becomes strong... Regards,
The rising rupee has hardly anything to do with Mr Bush. India is getting lot of capital inflows and that's the major reason for INR rise. US has a rising trade deficit and that would still be present if there was no war.
Are you gone crazy? that it never touched 30. To be clear in my previous quote i talked about value of indian currency again dollar Anyhow as per your consideration below is today exchange rate. from www.xe.com Live rates at 2007.08.04 05:02:33 UTC 1.00 USD = 40.2300 INR United States Dollars India Rupees 1 USD = 40.2300 INR 1 INR = 0.0248571 USD
Latest news I heard, it will fall more.. like 38-39. This is all done to control inflation, if yah guys know... Source : CNBC - TV18
this has all to do with the dumbass iraq war. USA is using money they dont have,and therefore there are depths,this will result in higher loan costs,higher loan costs means a lower dollar and less people to spend lesser money into adsense.
RBI has tightened ECB norms yesterday. This may weaken INR in the medium term. INR may fall back to 41.5-42 in next few weeks.