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INR 40/$ Is this real?

Discussion in 'Politics & Religion' started by Wen Von, Mar 21, 2014.

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  1. #1
    Today a report was published that if Modi becomes PM of India then Indian Rupee will slide to INR 40 per $

    Is this really backed by any situations of just the Modi becoming PM and FDI increase in many sectors going to make Rupee going to INR 40 per $ ?
     
    Wen Von, Mar 21, 2014 IP
  2. kingofking

    kingofking Prominent Member

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    #2
    ROFL. Modi is not god. It will take atleast years to accomplish this.
     
    kingofking, Mar 21, 2014 IP
  3. Wen Von

    Wen Von Banned

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    #3
    Is there some strong facts to back the either going down or moving up of INR?
     
    Wen Von, Mar 21, 2014 IP
  4. Nick_Mayhem

    Nick_Mayhem Notable Member

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    #4
    It might appreciate a bit based on speculations but then market needs results too.

    Purely on speculation nothing will stand forever.
     
    Nick_Mayhem, Apr 16, 2014 IP