Topics Topics Help/Instructions Help Edit Profile Profile Member List Register Paatha Gnyapakaalu - Archives from Old DB  
Search New Posts 1 | 2 | 8 Hours Search New Posts 1 | 3 | 7 Days Search Search Tree View Tree View Latest tweets Live Tweets   Hide Images

Rate this post by selecting a number. 1 is the worst and 5 is the best.

    (Worst)    1    2    3    4    5     (Best)

Author Message
Top of pagePrevious messageNext messageBottom of page Link to this message

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

Topics | Last Hour | Last Day | Last Week | Tree View | Search | Help/Instructions | Program Credits Administration