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Topic: What happened to rupees lol (Read 4919 times)

hero member
Activity: 714
Merit: 500
NEED CRYPTO CODER? COIN DEVELOPER? PM US FOR HELP!
March 06, 2014, 03:36:01 PM
#24


This is not allowed now any Indian note with anything like that won't be acceptable anywhere. I read it somewhere !!
sr. member
Activity: 378
Merit: 250
August 28, 2013, 01:20:30 AM
#23
Good News for bitcoiners.. Cashout time.. YAY.

what ??
legendary
Activity: 1274
Merit: 1004
August 28, 2013, 12:32:14 AM
#22
Good News for bitcoiners.. Cashout time.. YAY.
legendary
Activity: 1020
Merit: 1000
August 28, 2013, 12:10:27 AM
#21
On MCX its 1 USD = Rs 68 Right now  Embarrassed
legendary
Activity: 1274
Merit: 1004
August 22, 2013, 03:46:53 AM
#20
touched 65 mark on 22nd August,2013...

Any projection for 6 months / 12 months?   Huh

Market/economy is in negative mood...

Be cautious for new investment in stock market.


 Shocked lol i thought rupee was at 61. Looks like i didn't checked xe.com from many weeks.
full member
Activity: 208
Merit: 100
Learn and Enjoy.
August 21, 2013, 11:39:29 PM
#19
touched 65 mark on 22nd August,2013...

Any projection for 6 months / 12 months?   Huh

Market/economy is in negative mood...

Be cautious for new investment in stock market.

legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
August 08, 2013, 11:41:53 AM
#18
The worst time for Indian economy. Even stock market also falling.

And the best time to invest in BTC Smiley

Cheers
hero member
Activity: 546
Merit: 500
August 08, 2013, 11:40:20 AM
#17
The worst time for Indian economy. Even stock market also falling.
member
Activity: 79
Merit: 10
legendary
Activity: 1274
Merit: 1004
June 30, 2013, 01:28:52 PM
#15


Found on facebook lol
full member
Activity: 208
Merit: 100
Learn and Enjoy.
June 30, 2013, 04:34:42 AM
#14

Rupee Depreciation – How Does it Affect YOU
http://insight.banyanfa.com/rupee-depreciation/

Good Article.

$ Vs.  ₹ Chart
newbie
Activity: 19
Merit: 0
June 28, 2013, 04:22:53 AM
#12
I had 400 USD LR which I got from the Mayzus forex and felt very bad  when LR went down.

At the rate of anything above 58 would have been good for me overall.
sr. member
Activity: 378
Merit: 250
June 28, 2013, 03:36:37 AM
#11
Rs 55-60/$ is a 10% move over  weeks.


costly rupee good for importers, they will have to pay less for usd and if usd cost less they can buy more and import more. that way local manufactures have to compete with cheap import, bad for economy. Cheap rupee good for exporters, exporters usd will generate more in INR. Good for exporters bad for economy too, overheating. At present scenario there is no good choices. Cheap rupees good for IT for exporters and real estate which depends on IT revenues. But that is worst scenario for country, from higher ground it will be harder to fall.
Faster growth faster it will hit the wall. And wall is there waiting. What is interesting to know for me personally, what is indicators and what is time when this bubble will collapse, what is recovery scenario, which sector of economy will lead to recovery, what time recovery will take.

Many businessman in India understand this trend, if local businesses got sold and moving abroad, what to expect from foreign investments, nothing.  In situation like this consulting based on System Dynamics programs like Stella can give very valuable decision taking tool for large corporations. If somebody looking to start such consulting and have experience in SD and Stella I will be interested to look into business opportunity in this area.

One example. 7 years ago Mittal acquired Arcelor paid euro 26.5 billion. Now no body need steel in Europe, because nobody buys cars in Europe. Plant is closed workers, rioting on streets. 7 years ago for me personally it was clear, it is BAD business decision. I doubt Mittal even recovered this 26.5 billion. Not counting for bribes he paid to politicians.

Most of this troubles rooted in sick financial system ect. If we can show big businesses on very scientific way by using SD as a tool, that there is alternative in form of bitcoins existed, be sure big money will come to bitcoins. All regulatory issues will be solved. Because business will do what ever it takes to survice. Smart people selling now businesses bringing a lot of profit and moving abroad. Not so smart buying and they need our help, because few years latet max 2 years, same as Mittal they will be closing and nobody will want to buy their factories. Instead of closing down in few years from now, they can start building up and form alliances now on new more reliable monetary platform. As we can see that regulatory issues can be solved very simple, Germany example.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
June 28, 2013, 02:02:20 AM
#10
Rs 55-60/$ is a 10% move over  weeks.


Most of this is due to regulations in India. They need to understand that people who need to move money, 'WILL'. It does not matter as to what regulation is in place.

The people who actually influence the rupee are not going to be thwarted by these regulations and will go outside the banking structure to move their money.

If regulations are relaxed, there will be a far better acceptance of the rupee and people can actually become entrepreneurs of scale.
sr. member
Activity: 686
Merit: 250
June 28, 2013, 12:27:51 AM
#9
Rs 55-60/$ is a 10% move over  weeks.
legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
June 28, 2013, 12:14:23 AM
#8
Chidambaram definitely deserves a scammer tag.  Angry

I have 2 USDs. Good thing I kept them. Someday they will be worth millions of rupees.. enough to buy a chai at that time.

lol Smiley
legendary
Activity: 1001
Merit: 1005
June 27, 2013, 03:27:00 PM
#7
Chidambaram definitely deserves a scammer tag.  Angry

I have 2 USDs. Good thing I kept them. Someday they will be worth millions of rupees.. enough to buy a chai at that time.
sr. member
Activity: 251
Merit: 250
June 27, 2013, 08:57:15 AM
#6
YaY cashout time Smiley
sr. member
Activity: 378
Merit: 250
June 27, 2013, 12:38:02 AM
#5
1 USD = 60.72 Rupees right now.

LMAO

I wish i had my 2000$ LR now

all good  things coming to those who wait.

now it pumps then it blast. then we can buy 3 bhk apartment for 25 btc. I'm lovin it.
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