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(De)Valuation of Indian Rupee
- Thread starter fiberguy
- Start date
- Replies 296
- Views 24,624
Kyle Crane
Crane
but guys we must see it though positivity, Remember when Man Mohan Singh was PM and dollar was at 58 something before he lost power
.it was so difficult to convert dollar to rupees but now thanks to _____ this will be so easy at 1$ = 100Rs
/sarcasm
.it was so difficult to convert dollar to rupees but now thanks to _____ this will be so easy at 1$ = 100Rs
- $1 = ₹100
- $10 = ₹1,000
- $50 = ₹5,000
- $100 = ₹10,000
- $500 = ₹50,000
- $1,000 = ₹1,00,000
- $10,000 = ₹10,00,000
/sarcasm
Kyle Crane
Crane
looks like we crossing 100 soon
Rupee hits new record low near 97 against dollar, oil prices and bond yields keep pressure on currency
The rupee fell to a fresh record low on Wednesday as elevated oil prices and rising US Treasury yields weighed on investor sentiment, while concerns over prolonged geopolitical tensions and potential global rate hikes continued to pressure emerging market currencies, Reuters reported.
timesofindia.indiatimes.com
Let the rupee depreciate past ₹100 to a dollar, 16th Finance Commission chairman advises RBI
Arvind Panagariya advises RBI to let the rupee depreciate past ₹100 to a dollar amid current oil shortages.
Rupee Expected to Fall to 97 Per Dollar by End of 2026-27, May Stand at 99 a Year Later: Report
The early closure of the Foreign Currency Non-Resident (Bank) (FCNR (B)) swap window has also raised concerns about future dollar inflows and liquidity.