Tag: rupee
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Why Indian Rupee is falling against US Dollar?
We will see the explanation behind Indian Rupee falling against American Dollar. Let us suppose that there are only two international traders between India and the United States. Mr. Bharat in Mumbai, India who supplies Diamonds to a store in Washington. Mr. Obama in Chicago who supplies computer parts in Noida. Now assume dollar price…
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The history of Devaluation of Rupee
On 16th Oct, 2008 I predicted that soon one dollar would become equal to 50 rupees. Just after one week, my prediction became correct. Now one US dollar is around 50 rupees. Now I think it is right time to tell you the history of Indian currency, rupee. The origin of the word “rupee” is…
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One dollar is equal to 50 rupees?
Today one dollar is equal to 48.8 rupees. Very soon it will become 50 rupees. Then it will be very easy for Indian bloggers to calculate their income in Indian Rupees. Do you know why it is happening? Before writing this post, I also have not much idea on this point but I searched many…