Rupee falls to new record low against the dollar

[Pugazhbalaji]

Now it falls further down to Rs.65.

 

[sayan.sunny]

British rulers set Congress mainly to rob India and left the contry in 1947. now the the MONSTER(Minister)s are doing their job above axpectations. 'EK NA EK DIN AM ADMI KA FAUJ IN BIDESI DALALO KO KUTTO KI MAUT MAREGA JARUR' The day will surely come in near future... bcause this max corruption cant be contineued for a long. HISTORY IS THE WITNESS.

 

[Tech Info]

look at the other aspects, it is good for export oriented industries..as indian goods will be cheaper in the international market..

 

[jayanji]

Zurich-headquartered UBS as well as the Frankfurt-based Deutsche Bank both believe that the Indian rupee will continue its plunge and will probably hit the Rs70-level against the US dollar sometime soon. While UBS hasn’t offered a time frame in its forecast, Deutsche Bank maintains that the rupee could see that level in a month or so.
The currency has lost almost half (46.5 per cent) of its worth in the past five years, and if the Rs70 vs. $1 prediction comes true by next month, that would translate into a loss of 61 per cent of its value in 60 months.

 

[jayanji]

$1 = 68.5867 Rs

 

[Pugazhbalaji]

I think economic disaster will come.