INDIAN RUPEE PLUNGES TO A NEW RECORD LOW AGAINST THE U.S. DOLLAR

[CanadianMalodu]

13 hours ago, jpismahatma said:

arey vishwa guru konchamu ana sigu undali. Enni sarlu gelipchina anthe.  do ground breaking reforms. Inka eni days USA begging ?

Decoupling from the dollar and getting on gold standard will answer most of these things. But that result in coups and assassinations. 

 

[Teluguredu]

13 hours ago, Iriswest said:

Hypothetical question. What if India removes caste and reservations concept from all government forms? After a period of unrest, would all Hindus unite or they will still stay divided?

There is a clear economic division between castes especially in north india ,it might work in south india where the backward castes are close to upper castes ,but in north india there will still be a division .

[Teluguredu]

4 hours ago, andhra_jp said:

Forget rupee.... pound kee dikku leedu so rupee oka lekka...

https://www.bloomberg.com/news/articles/2025-01-12/pound-traders-are-ready-for-another-8-slump-after-market-rout

dollar strong avutunna varaku rest of world currencies assam...

Difference is india is a developing country with a low base while those developed countries already have a high base .

[fasak_vachadu]

15 hours ago, Galactus said:

100 incoming by 2028

Inkko 2 months lo touch ayithe india lo inna house loan tesi 10gutunnu 

[Iriswest]

2 hours ago, Teluguredu said:

There is a clear economic division between castes especially in north india ,it might work in south india where the backward castes are close to upper castes ,but in north india there will still be a division .

Then make it a state legislation

[Iriswest]

2 hours ago, CanadianMalodu said:

Decoupling from the dollar and getting on gold standard will answer most of these things. But that result in coups and assassinations. 

 

Gold cannot keep up with the speed of money printing and will slow the economy down. This is the reason currencies stopped pegging gold in the past

[CanadianMalodu]

11 minutes ago, Iriswest said:

Gold cannot keep up with the speed of money printing and will slow the economy down. This is the reason currencies stopped pegging gold in the past

There is no need to print money. Printing money is artificially creating inflation, which destroys middle class and generations of youth of the country by stripping them of their purchasing power. Gold will hedge and eventually create a stable value, that holds for long time. That's why US banking elites eliminated Saddam and Gadafi.