Rupee falls to new record low against the dollar

[jayanji]

The Indian rupee has continued to fall, hitting a fresh all-time low against the US dollar, despite recent measures by the government to stem its decline.

It fell to as low as 63.3550 against the US dollar today.
Petrol & diesel price may hike!!!
All the consumer items price also will increase approx 15%

wall

 

[ssjambla]

bad news for mango man of indiaaa..........now really they are MANGO man

 

[jayanji]

Today it's 64.02 for 1 dollar
The rupee, which has seen a plunge of more than 15 per cent since the beginning of the year, is now in competition to become the world's worst performing currency this year, with only the Brazilian real (down 16.64 per cent YTD) and the South African rand (down 20.30 per cent YTD) faring worse than the Indian rupee.

 

[Johny]

This is the good time for NRI's for transfering funds to India.

 

[jayanji]

The plunge in the Indian rupee was, so far, good news for expat Indians, but it has now started taking its toll.

Non-resident Indians (NRIs) and those on a holiday to the Gulf or anywhere else in the world will no longer be able to carry a duty-free flat panel TV with them back home from next week, with the Indian government imposing a punishing 35 per cent duty on such imports besides other charges.
Earlier, NRIs and other airline passengers could carry one piece of flat TV (plasma/LED/LCD) for personal use, worth up to Rs35,000 as part of their baggage allowance, without incurring any customs duty on the same.

However, from next Monday (August 26), that will no longer be the case as India has issued a moratorium on the scheme, citing the declining Indian rupee. As per the new rules announced yesterday, passengers will have to pay a 35 per cent duty and other charges, officials said.

 

[jenius-jatt]

This gov. making the economy of US strong and making us poorer,The ratio of poorer don't decrease as said by gov, Instead Increases even middle man becoming poorer day by day.The richer becoming more richer day by day which is worst happening in India.

 

[Tushar Ranjan]

this congress govt. is corrupt .the country want only MODI As PM.

 

[Am@9]

 

[Vikram]

BAD for All.....Price increase Of Every item due to Ruppe Falls,

 

[Tushar Ranjan]

Rupee is falling,govt do not care about.
people of do not vote this corrupt govt. in coming election.