SonyAgarwal Posted December 1, 2021 Report Share Posted December 1, 2021 Why the rate is just 70 to 75 since last 3 years why it is not increasing Quote Link to comment Share on other sites More sharing options...
Hitman Posted December 1, 2021 Report Share Posted December 1, 2021 Modi didn’t print new money and US printed a lot. 1 Quote Link to comment Share on other sites More sharing options...
Battu123 Posted December 1, 2021 Report Share Posted December 1, 2021 Quote Link to comment Share on other sites More sharing options...
SonyAgarwal Posted July 12, 2022 Author Report Share Posted July 12, 2022 Waiting for it to reach 100 rupeees Quote Link to comment Share on other sites More sharing options...
Ara_Tenkai Posted July 12, 2022 Report Share Posted July 12, 2022 2040 kalla avudsi ani oka study vachindi Quote Link to comment Share on other sites More sharing options...
hyperbole Posted July 12, 2022 Report Share Posted July 12, 2022 On 12/1/2021 at 12:56 PM, SonyAgarwal said: Why the rate is just 70 to 75 since last 3 years why it is not increasing Because Modi is dumb, we are not leveraging our economy and work force, we are importing more than we are exporting leading to a trade deficit, that means we are buying more dollars to pay for the imports than we are earning. If a country exports more than it imports, there is a high demand for its goods, and thus, for its currency. The economics of supply and demand dictate that when demand is high, prices rise and the currency appreciates or depreciates in value. Quote Link to comment Share on other sites More sharing options...
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