Comments on: What is the future of Rupee? Is Dollar going to appreciate? http://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/ Trak.in is a popular Business Blog featuring buzzing stories on Business, Finance, Stock Market, Economy, latest trends, Political, Entertainment, Hollywood, Bollywood and Breaking News Sun, 21 Mar 2010 14:05:08 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: dr Rajeevhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-58246 dr Rajeev Sat, 14 Nov 2009 06:26:20 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-58246 What is keeping india from from free floating its currency against the Dollar ? Is it wise financially to tag our currency to the falling dollar ? who decides the exchange rate of indian rupee? What is keeping india from from free floating its currency against the Dollar ? Is it wise financially to tag our currency to the falling dollar ? who decides the exchange rate of indian rupee?

]]> By: Billigflügehttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-45270 Billigflüge Tue, 16 Dec 2008 14:56:30 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-45270 This discussion is exactly about what i need for my study work. Hope you don't mind me to use a few pullouts :) Regarts This discussion is exactly about what i need for my study work. Hope you don’t mind me to use a few pullouts :)
Regarts

]]> By: Ajayhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43966 Ajay Thu, 13 Nov 2008 22:15:39 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43966 I am a software developer. I do have good economics background. Iooking at the trend I strongly feel that the dollar rate will be falling down for the next month or 2. But if you consider next couple of weeks then I am sure it will decrease at a fluctuation of up and down. The dollar rate might get down to its least may be between Feb to Apr 2009.I dont have lots of knowledge from stocks but I live in USA so I am predicting from the happenings here. I am a software developer. I do have good economics background. Iooking at the trend I strongly feel that the dollar rate will be falling down for the next month or 2. But if you consider next couple of weeks then I am sure it will decrease at a fluctuation of up and down. The dollar rate might get down to its least may be between Feb to Apr 2009.

I dont have lots of knowledge from stocks but I live in USA so I am predicting from the happenings here.

]]> By: davis josehttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43259 davis jose Thu, 16 Oct 2008 16:04:22 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43259 I am an exporter, my business pretty good because of rise in dollar rate. how long will this trend continue?if i want to quote the price of my product for one year,on average what dollar rate should i consider? I am an exporter, my business pretty good because of rise in dollar rate. how long will this trend continue?if i want to quote the price of my product for one year,on average what dollar rate should i consider?

]]> By: nachuhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43187 nachu Mon, 13 Oct 2008 05:51:57 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43187 I am a trader importing and selling in india. I have to remitt some payment in USD. And Iam worried about the raising dollar rate. Any advice whether it will come down in coming week. I am a trader importing and selling in india. I have to remitt some payment in USD. And Iam worried about the raising dollar rate. Any advice whether it will come down in coming week.

]]> By: Nayabhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43058 Nayab Sun, 05 Oct 2008 14:31:54 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-43058 All, If you have a better opinion please email me at quest.dba@gmail.com.Here is mine.After all this turmoil in US and world economy and the decision of US congress to pump 700 Billion dollars this is going to get worse. 700 Billion is nothing compared to the actual problems and figures. It goes in trillions. So where they are going to get the money when they have budget deficit of a trillion and national debt of around 12 Trillions. They are going to get this out of thin air which is the worst case scenario. Instead of market correcting itself they are making sure the collapse of dollar. Inflation will rise, dollar is going to get weak and the whole world will feel the heat. Now where is rupee comes in picture, of course when dollar weakens rupee benefits, but at the same time inflation will rise, crude will rise and everything we buy with dollar is going to get hit.All I can say is that hold on to your dollars once it starts falling down. Dont spend money at all. Dont invest anywhere except for gold. Save every single dime. If you want to send dollars to India send it now or in coming 2 3 months when it will be at its pick. We are going to face the worst time of our time, there will be a solid recession followed by depression. So hold on to it and save everything that you have.Thats just my gut feeling...Open for you comments and suggestions. All,
If you have a better opinion please email me at quest.dba@gmail.com.

Here is mine.

After all this turmoil in US and world economy and the decision of US congress to pump 700 Billion dollars this is going to get worse. 700 Billion is nothing compared to the actual problems and figures. It goes in trillions. So where they are going to get the money when they have budget deficit of a trillion and national debt of around 12 Trillions. They are going to get this out of thin air which is the worst case scenario. Instead of market correcting itself they are making sure the collapse of dollar. Inflation will rise, dollar is going to get weak and the whole world will feel the heat.
Now where is rupee comes in picture, of course when dollar weakens rupee benefits, but at the same time inflation will rise, crude will rise and everything we buy with dollar is going to get hit.

All I can say is that hold on to your dollars once it starts falling down. Dont spend money at all. Dont invest anywhere except for gold. Save every single dime. If you want to send dollars to India send it now or in coming 2 3 months when it will be at its pick. We are going to face the worst time of our time, there will be a solid recession followed by depression. So hold on to it and save everything that you have.

Thats just my gut feeling…

Open for you comments and suggestions.

]]> By: sumithttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42880 sumit Wed, 24 Sep 2008 20:32:58 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42880 You will see Rs reach 49-50 near the genral elections. so wait and watch You will see Rs reach 49-50 near the genral elections. so wait and watch

]]> By: Sudarsan Sen Guptahttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42715 Sudarsan Sen Gupta Mon, 15 Sep 2008 07:31:24 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42715 In my opinion, future of Rupee will be better after 4 months. In my opinion, future of Rupee will be better after 4 months.

]]> By: R.C. kaushalhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42685 R.C. kaushal Sat, 13 Sep 2008 08:44:54 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42685 Hi Kelvin,I think you should get your dollars exchanged towards the end of this month. coz during the end week of the month oil companies need dollars to repay to their oils stocks. Hence rupee depreciate most in the last week of the month.  Dont wait for rupee to depreciate substantially in future. RBI may intervene any time and you may end up in exchanging @ 42!!! Hi Kelvin,

I think you should get your dollars exchanged towards the end of this month. coz during the end week of the month oil companies need dollars to repay to their oils stocks. Hence rupee depreciate most in the last week of the month.  Dont wait for rupee to depreciate substantially in future. RBI may intervene any time and you may end up in exchanging @ 42!!!

]]> By: Kelvinhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42677 Kelvin Fri, 12 Sep 2008 15:42:56 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42677 so, guys ...please help out... can anyone tell me wat will be the trend like in the next 2-3 months(tats upto dec 2008), as I hav some USD need to convert to INR, is this (Sept) the right time or should I wait till next month?Thanks... so, guys …please help out… can anyone tell me wat will be the trend like in the next 2-3 months(tats upto dec 2008), as I hav some USD need to convert to INR, is this (Sept) the right time or should I wait till next month?Thanks…

]]> By: venkatramanhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42675 venkatraman Fri, 12 Sep 2008 13:33:21 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42675 Hi,We are the Distrbuters doing trading Buisness. We have to transfer fund in USD. As the USD crosses 46. Our landing prices of materials are getting increased by 10% As I was expecting the USD at 42.   So could anybody forecast & tell about the Appreciating US Currency.Pl Help us.Regards Venkat Hi,

We are the Distrbuters doing trading Buisness. We have to transfer fund in USD. As the USD crosses 46. Our landing prices of materials are getting increased by 10% As I was expecting the USD at 42.
 
So could anybody forecast & tell about the Appreciating US Currency.

Pl Help us.

Regards
Venkat

]]> By: Rupee loses – crosses 45 mark against the dollarhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42649 Rupee loses – crosses 45 mark against the dollar Thu, 11 Sep 2008 13:01:02 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-42649 [...] and now back to 45. Indeed a full circle.Till few months back most of the analyst were saying that Rupee will never fall as low as 45 and will stay in the range of 39-40 (even I was pretty sure about it), [...] [...] and now back to 45. Indeed a full circle.Till few months back most of the analyst were saying that Rupee will never fall as low as 45 and will stay in the range of 39-40 (even I was pretty sure about it), [...]

]]> By: Observerhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-40540 Observer Fri, 23 May 2008 02:23:19 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-40540 Today $/Re crossed 43. I think it would continue it's upward trend definitely through the summer since there is no way oil prices are coming down any time soon. It might reach 45 during this time frame. But I am uncertain what would happen after that. A lot depends on what happens to oil and how $ behaves. Any predictions? Today $/Re crossed 43. I think it would continue it’s upward trend definitely through the summer since there is no way oil prices are coming down any time soon. It might reach 45 during this time frame. But I am uncertain what would happen after that. A lot depends on what happens to oil and how $ behaves. Any predictions?

]]> By: Ramhttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-40473 Ram Tue, 20 May 2008 19:29:55 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-40473 Friends,The appreciating Rupee hurting the IT companies and export oriented companies is only side of the big picture. I am an NRI and I feel the pinch when I send money to India. There are lot of pros to the appreciating rupee, IMPORTS - technology, raw materials etc. get lot cheaper. Think of Oil and the growth that brings to a nation. With Oil trading close to $130, think about India's plight if the rupee was week, petrol would cost us Rs75/lt, higher inflation and that would spiral the growth downwards. India has strong economy and it continues to grow at a good pace, further strengthening the rupee. If RBI does not put the brakes on the appreciating rupee, it would be probably trading at Rs32/1$ today. My prediction is it will be close to 30 in the next five years.Jai Hind Friends,

The appreciating Rupee hurting the IT companies and export oriented companies is only side of the big picture. I am an NRI and I feel the pinch when I send money to India. There are lot of pros to the appreciating rupee, IMPORTS – technology, raw materials etc. get lot cheaper. Think of Oil and the growth that brings to a nation. With Oil trading close to $130, think about India’s plight if the rupee was week, petrol would cost us Rs75/lt, higher inflation and that would spiral the growth downwards. India has strong economy and it continues to grow at a good pace, further strengthening the rupee. If RBI does not put the brakes on the appreciating rupee, it would be probably trading at Rs32/1$ today. My prediction is it will be close to 30 in the next five years.

Jai Hind

]]> By: Indian Rupee | Dollar Rupee Exchange rate | Rupee Fall | Dollar risehttp://trak.in/tags/business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-40267 Indian Rupee | Dollar Rupee Exchange rate | Rupee Fall | Dollar rise Fri, 09 May 2008 13:25:43 +0000 http://trak.in/Tags/Business/2007/05/02/what-is-the-future-of-rupee-is-dollar-going-to-appreciate/#comment-40267 [...] winning the battle against the rupee I have been following the rupee dollar battle since I started this blog last year. It had been one sided battle through out last [...] [...] winning the battle against the rupee I have been following the rupee dollar battle since I started this blog last year. It had been one sided battle through out last [...]

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