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This is bad from this i had known that we are depending on the US.

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http://www.money-friends.net/users/profile/en/155119.html

This is bad from this i had known that we are depending on the US.


If rupee depreciates more then we are not far away from the global recession.
Today, rupee ended at Rs 50.9 versus Dollar. It may soon reach 52 till december.
Today, rupee ended at Rs 50.9 versus Dollar. It may soon reach 52 till december.


can you give me any reason why this is happening? i have no idea..
Today, rupee ended at Rs 50.9 versus Dollar. It may soon reach 52 till december.


can you give me any reason why this is happening? i have no idea..


Its happening because demand of US dollar has increased in market. There are other factors as well like crude, inflation, job cuts.
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