Entrepreneur
Pilla Bewarse Username: Entrepreneur
Post Number: 961 Registered: 05-2011 Posted From: 64.71.23.190
Rating: N/A Votes: 0 | Posted on Friday, August 23, 2013 - 2:09 pm: | |
I wont be surprised to see 100 rupees for one dollar, if things go bad. Anyone has more information as to why it wont happen? (my thought is all bets are off if FDI and FII keep pulling money out) India suffered a similar crisis in 1991. The rupee was devalued from Rs 17/$ to Rs 31/$ over the next two years. http://www.business-standard.com/article/pf/is-india-headed-for-a-full-blown-fin ancial-crisis-113081000672_1.html |