Economy kudise days vastunnayi

[jpismahatma]

1 hour ago, perugu_vada said:

house sign-up chesa asale  .. gudisipoye lopey multiple jobs chesesthe better e lekkana aithe 

Congrats bro.

[Sixers]

7 minutes ago, dasari4kntr said:

i heard argentina and venizula is adopting us dollar….so dont worry…

Rendu dikkumaaline deshale kada

[dasari4kntr]

1 minute ago, Sixers said:

Rendu dikkumaaline deshale kada

they are adopting usd as their country currency….

 

[megadheera]

1 hour ago, perugu_vada said:

house sign-up chesa asale  .. gudisipoye lopey multiple jobs chesesthe better e lekkana aithe 

Congratulations uncle..

[kevinUsa]

1 hour ago, hyperbole said:

Russia already bend east annadi because India has nothing worth to export and they can’t buy anything from India in return.

India in return seem to have executed fake contracts with Russia taking services for railways and paying in dollar anyways.

https://www.business-standard.com/amp/india-news/indian-railways-sign-deal-with-indo-russian-jv-for-vande-bharat-trains-123092800372_1.html

Enduku mana trains they can get Chinese super fast trains for water in exchange 

[kevinUsa]

16 minutes ago, Sixers said:

Rendu dikkumaaline deshale kada

Venezuela is has more oil than Saudi and USA combined 

[Killer66]

$ price in 2050 pin cheyandi Sam uncle em chesthado choodam 

[Joker_007]

3 hours ago, kevinUsa said:

Simple the amount of Indian rupees held by Russia is severe liability adi janalaku artham avadam ledu...

For.some purpose the war settles and things get back to normal Russia is going to sell all the rupees in free market at peanuts...no one will buy them gone case India 

Even the war settles the sanctions will not be over it will be there for another 20 years 

[dewarist]

9 hours ago, pakeer_saab said:

India Dubai trade in local currencies

BRICS will change the game soon

dollar dependency will not be gone in 1 yr, it will take a decade for sure, the process has started after US froze russian access to SWIFT and Russian dollar assets.

 

acche din..aane waale hain

[pakeer_saab]

9 hours ago, dasari4kntr said:

they are adopting usd as their country currency….

 

basically, their leaders will have sold their sovereignty.

their state will be same as Japan, where excellent country exists on map but not really nation with independence

[pakeer_saab]

11 hours ago, kevinUsa said:

Simple the amount of Indian rupees held by Russia is severe liability adi janalaku artham avadam ledu...

For.some purpose the war settles and things get back to normal Russia is going to sell all the rupees in free market at peanuts...no one will buy them gone case India 

Russia is ideally a self-sufficient country, it has never developed sourcing from other nations, it will have ample opportunities to import from india like ships and ordinace, it can also use those rupees to savings as India will not freeze them like US did

Russia will sell like peanuts comments can only be made by half baked morons

India is the only neutral country left, which means all countries tha want to shield their forex from overdepndence on dollar will now save in Indian rupees

what do they do with rupees?? they can buy food atleast, which is most important reason why governments and countries collapse

[pakeer_saab]

11 hours ago, dasari4kntr said:

russia ukrain war appudu already try chesaru…idi…

mana national media kooda tega hadavidi chesindhi…

tarvatha workout avvaledhu…

it didnt work out in near term, vladivostok-chennai corridor will handle such imports and trade long term

[vkk]

12 hours ago, Simple123 said:

Most small and mid business loans renewal due soon,

India and some other oil importers started dealing in their own currencies instead of dollar .

Bank of Japan holding big Treasury bonds and pressure to sell soon 

As of today there is no alternative to the USD. There may be cases where countries trade amongst themselves in other currencies but that's all there is to it.

The closest replacement talked about replacing USD was the Euro a decade or so ago. And that went no where.

As for the Indian economy itself, my personal opinion is it seems better with the current govt than the uber left Congress or whatever hotch potch third front may come up. Ofcourse i have no numbers to back this up, so just an opinion.

[dasari4kntr]

@pakeer_saab tell me one thing clear…

1) is BRICS is coming up a  new common currency..? just like euro..if yes why so much love on rupee..?

2) no new common currency…rupee is going to be used for all trades..then why china will agreeing with that..? specially china is very export sensitive country…

 

just a basic analysis …

there are existing problems with euro already…all countries wont have same inflation levels and interest rates…specially this BRICS is spanning across world…

 

[CanadianMalodu]

10 hours ago, pakeer_saab said:

before 1972 middle east used to depend on Indian rupee, things now are more comparable to 1972

every country is scared to have their forex assets in dollar terms

Indian rupee alone is not yet a big player, but India imports lot of stuff, it can balance trade towards opportunities to trade in rupees, take Dubai for example

US bought up this on itself, every country is planning for Plan B, world is changed now

Switching back to gold standard and ditching US $ will be a lot better move for India. But he repercussions of this move will be so huge that it's antagonizes entire IT  and manufacturing lobby and US government. It's good for the general populace though.