Jump to content

Falling Rupee post demonetization?


Spell_Hunter

Recommended Posts

7 minutes ago, Spell_Hunter said:

no bhaiyya am talkin about fiscal year last quarter, india 2016 fiscal year ends on 31st march 2017 kada %$#$

Ok In near future its tough to gain unless external factors kick in, since slow down is seen post demonetization will take time.. 

Link to comment
Share on other sites

  • Replies 38
  • Created
  • Last Reply

Top Posters In This Topic

  • Spell_Hunter

    13

  • bschi

    3

  • micxas

    3

  • Kool_SRG

    3

Popular Days

Top Posters In This Topic

3 minutes ago, Kool_SRG said:

Ok In near future its tough to gain unless external factors kick in, since slow down is seen post demonetization will take time.. 

i agree, especially with the EU and BREXIT issues, euro and inr pair baaga impact ayyindi esp since the last 3-4 years fii's are not showing much interest, surprisingly post trump effect, us economy ki pothaayi ipudu fii's annee. indian govt should be  ready to face the worst night mares eventually.

Link to comment
Share on other sites

how can demonetization make rupee stronger? It'll probably make it weaker, because of dip in production.

either way, no one knows.

Modi is a dumbfcuk who should resign.That much everyone knows.

Link to comment
Share on other sites

19 minutes ago, lazybugger said:

how can demonetization make rupee stronger? It'll probably make it weaker, because of dip in production.

either way, no one knows.

Modi is a dumbfcuk who should resign.That much everyone knows.

in case as they say, black money or unaccounted money does exists, obviously it will make the rupee stronger and will also impact many other indicators too..

Link to comment
Share on other sites

1 hour ago, Spell_Hunter said:

in case as they say, black money or unaccounted money does exists, obviously it will make the rupee stronger and will also impact many other indicators too..

No. That's not how forex works. amount of currency in circulation has almost nothing to do with its forex rate.

demonetization will most likely fcuk the Indian economy. and the rupee along with it.

The only hope is that it fcuks Modi too, politically. Otherwise India is stuck with this bugger who can do bigger harm to India. Like take India into an unnecessary war, or provoke riots.

Link to comment
Share on other sites

4 hours ago, Spell_Hunter said:

use emuntadi vaa - lets just say nuvvu oka 1000$ panpinchavu anuko india ki, converted amount about 65k inr anuko - 65k ki inthaku mundu vocche motor bike because of all the inflations 85k avuddi productivity cost ekkuva ayyi n ppp ratio padipoyi , at the moment ekkuva remittance vostunnattu feel avtaaru but reality lo inr ki purchasing power taggipotundi kada - then whats the point? 

depends naku 20 year mortgage undi india lo. it is fixed rupee payment ippudu less dollars kattochu ga braces_1

Infact nenu loan tesukunnapudu dollar around 47 undi. ippudu 67 . it is making a big difference for me

monthly payment 40,000 with $47 it is $851 ippudu with $67 it is $597

 

Link to comment
Share on other sites

8 minutes ago, stockdazzler said:

depends naku 20 year mortgage undi india lo. it is fixed rupee payment ippudu less dollars kattochu ga braces_1

thats true but ah intlo unde vaallaki kaavalasina commodities annee expensive avthaayi kada obviously one way or the other it will impact man 

Link to comment
Share on other sites

1 minute ago, Spell_Hunter said:

thats true but ah intlo unde vaallaki kaavalasina commodities annee expensive avthaayi kada obviously one way or the other it will impact man 

commodities expensive avutunnayie danni apalem but loan valla naku true savings due to falling rupee but it is mostly $ getting strong 

Link to comment
Share on other sites

on my personal note rbi is unable to ascertain how much money was or is black or unaccounted that got deposited into our banking system, i dont think they have the necessary infra or info to incapacitate the darker men of our society %$#$ 

Link to comment
Share on other sites

1 minute ago, stockdazzler said:

commodities expensive avutunnayie danni apalem but loan valla naku true savings due to falling rupee but it is mostly $ getting strong 

both are true in this case, post trump effect chaala positive ga undi currently, us is or will be flooded with fii's this year which is why dolla gettin stronger, on the other hand, our economy will be growing weaker due to oil and other imports which we cannot stop @~`

Link to comment
Share on other sites

Ipdu cash surplus anta banks lo undi and not being used for projects yet. Gold is the main indicator, second step binamis and 35000 tonnes of gold ni regularize chestunaru. Once that's achieved in the coming 6 months , rupee value will start strengthening. Return vachina black money , fake money anni balance avali ga so initial GA inflation untundi but as digital money starts occupying industries tax return will be huge . This will take another 6 months easily. 80 years chetta no clean cheyali ante time padtundi boss. I wouldn't be surprised by that time dollar will start weakening due to Syrian stability and petro dollar can't stand the ground as people in America are not as aggressive as Indians in buying gold. 

Just imagine RBI has only 565 tonnes of gold as of today Kani desam lo 35500 tonnes undi which is equivalent to Russia China and a whole bunch of Nations gold reserves combined. E deflation anedi slow process, overnight cheyleru cheste Pak buffer ni allies use chestar to push Indian economy into deeper debt. Nsg lo seat anedi crucial unde China knew our intentions to develop and hindered it knowingly anduke ga ipdu manaki vallaki padatledu. Baloch issue ni India raise chesi stir cheydanki one reason is cpec and gwadar ports. China 45 billion dollars pertinde, aa project agute china bond values will start going down, daniki todu South China Sea lo lolli with us ki primarily for trade routes domination. 

Link to comment
Share on other sites

2 hours ago, lazybugger said:

how can demonetization make rupee stronger? It'll probably make it weaker, because of dip in production.

either way, no one knows.

Modi is a dumbfcuk who should resign.That much everyone knows.

Then who should be the next PM, according to you?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...