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Rupee slides to a new low this year..
in Current Affairs & Latest News
Last year it did go down to 57 odd rupees to a dollar but recovered and came up to Rs 52 odd...But now it has been steadily going down and reached Rs 56.65 to a dollar yesterday and may go down to lower levels..
http://timesofindia.indiatimes.com/business/india-business/Rupees-slide-toward-record-low-puts-India-in-tight-spot/articleshow/20429650.cms

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

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    Good new for people who earn in Dollar. Even for people who are trading in forex. Perfect scenario for companies such as TCS and Wipro. They will make most of it. However not good for Indian economy :(
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    Thank you said by: usha manohar
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    Good new for people who earn in Dollar. Even for people who are trading in forex. Perfect scenario for companies such as TCS and Wipro. They will make most of it.



    Thats very true :) , your returns are more....Forex traders have been caught by surprise and many must have lost out because of the one way movement ...

    Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

    Thank you said by: Rakhi Yadav
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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.
    Thank you said by: usha manohar
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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    Thats true, but does a falling rupee make any difference to foreign investors since they will be paying in foreign currency and the shares are valued in foreign currency for outside investors...

    Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    Thats true, but does a falling rupee make any difference to foreign investors since they will be paying in foreign currency and the shares are valued in foreign currency for outside investors...


    It's good for foreign investors but the Indian economy reflects in bad light, which could keep investors away. However the effect of federal reserve would die down soon to bring Rupee back to around 54 in a week or so.

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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    Thats true, but does a falling rupee make any difference to foreign investors since they will be paying in foreign currency and the shares are valued in foreign currency for outside investors...


    It's good for foreign investors but the Indian economy reflects in bad light, which could keep investors away. However the effect of federal reserve would die down soon to bring Rupee back to around 54 in a week or so.


    True. No foreign investor likes to invest in a country where economy fluctuates at the drop of a hat. Volatile economy is the last thing a foreign investor prefers.
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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.
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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.

    Yes that is true to a certain extent since we deend on monsoon rains for power and of course without water resources the economy esp the agricultal side of it cannot thrive..

    Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.

    Yes that is true to a certain extent since we deend on monsoon rains for power and of course without water resources the economy esp the agricultal side of it cannot thrive..


    We abused nature and seeing the outcome. A country with depleted natural resources will have a turbulent economy followed by other imminent evils.
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    Rupee decline happens when there is a decline in agricultural and industrial growth. It fuels inflation. Foreign investors may start fleeing Indian markets.


    It may be improved in coming days. It is prediction of whether man that mansoon in India will remain normal. Mansoon is base of Indian economy.

    Yes that is true to a certain extent since we deend on monsoon rains for power and of course without water resources the economy esp the agricultal side of it cannot thrive..


    We abused nature and seeing the outcome. A country with depleted natural resources will have a turbulent economy followed by other imminent evils.


    Distribution of water source are not equal here. Some parts of country are facing drought and some are floods. Second thing here water is property of state so they used it as they like.
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