posaanisam Posted June 17, 2013 Report Posted June 17, 2013 [img]https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-ash4/1000039_653827484644658_1886210736_n.jpg[/img]
posaanisam Posted June 17, 2013 Author Report Posted June 17, 2013 [size=5][color=#333333]Year 1917, 1 Rs = 13$ (or 1$ = 7.69 paise)[/color] [color=#333333]Today, 1$ = 57.6 Rs (All time high on June-11-2013 - 58.95 Rs)[/color] [color=#333333]our country 78% of the time & still doing[/color][/size]
just2deal Posted June 17, 2013 Report Posted June 17, 2013 till 1947 Britsih were ruling India and the was strong !
George_Brahmi_III Posted June 17, 2013 Report Posted June 17, 2013 [quote name='just2deal' timestamp='1371444118' post='1303861922'] till 1947 Britsih were ruling India and the was strong ! [/quote] that's not the reason.. till the late 1970's, we weren't importing anything... later on with the advent of globalization, imports and exports increased. but, by then dollar was the established currency and obviously demand was very heavy for that. infact after the second world war, dollar grew strong.
George_Brahmi_III Posted June 17, 2013 Report Posted June 17, 2013 oil imports killed our rupee man.. that's it
just2deal Posted June 17, 2013 Report Posted June 17, 2013 [quote name='George_Brahmi_III' timestamp='1371444270' post='1303861925'] that's not the reason.. till the late 1970's, we weren't importing anything... later on with the advent of globalization, imports and exports increased. but, by then dollar was the established currency and obviously demand was very heavy for that. infact after the second world war, dollar grew strong. [/quote] You may be partially true ..till the early part of the 20 th century internationl trade was not done with US$ ..so there was no demand for US$
BobbyFischer Posted June 17, 2013 Report Posted June 17, 2013 stop imports from US...stop transactions in dollars ! Increase productivity...
George_Brahmi_III Posted June 17, 2013 Report Posted June 17, 2013 [quote name='just2deal' timestamp='1371444472' post='1303861931'] You may be partially true ..till the early part of the 20 th century internationl trade was not done with US$ ..so there was no demand for US$ [/quote] dude.. right after the second world war, no country ever had money.. everybody gave their money to US in return for Guns to use in WW II.. later when the pay back time came, US started paying back in dollars, rather than the receiving country's actual currency.. from then dollar started its dominance on the world.
k2s Posted June 17, 2013 Report Posted June 17, 2013 [quote name='Posanism' timestamp='1371442636' post='1303861900'] [img]https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-ash4/1000039_653827484644658_1886210736_n.jpg[/img] [/quote]eppudu ayithey ee internet kanipettaroo...... it made a revolution in jaab market
posaanisam Posted June 17, 2013 Author Report Posted June 17, 2013 [quote name='George_Brahmi_III' timestamp='1371444447' post='1303861929'] oil imports killed our rupee man.. that's it [/quote] we r not exporting much dan other countries too
posaanisam Posted June 17, 2013 Author Report Posted June 17, 2013 [quote name='Bukka_Rowdy' timestamp='1371444382' post='1303861927'] tx for the info baa [/quote] [size=4] [/size][size=4] [/size]
posaanisam Posted June 17, 2013 Author Report Posted June 17, 2013 [quote name='George_Brahmi_III' timestamp='1371444644' post='1303861937'] dude.. right after the second world war, no country ever had money.. everybody gave their money to US in return for Guns to use in WW II.. later when the pay back time came, US started paying back in dollars, rather than the receiving country's actual currency.. from then dollar started its dominance on the world. [/quote] ante ww II tarvata anni countries us ki bend down aa
posaanisam Posted June 17, 2013 Author Report Posted June 17, 2013 [quote name='Scrooge' timestamp='1371445380' post='1303861956'] eppudu ayithey ee internet kanipettaroo...... it made a revolution in jaab market [/quote] not exactly i think so... ala aite ekuva netizens unna mana IND inka baga develop avalaki kada
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