BSK Posted August 21, 2013 Report Posted August 21, 2013 I have some pounds which i need them in a month or two .. but meanwhile is it wise to send money to india and bring back them when the rupee gets strong. Experts please suggest which is the best way to send and also to recieve money to and from INDIA. Quote
ChandraSekharCherukuri Posted August 21, 2013 Report Posted August 21, 2013 not a wise decision, iipudu vunna situation ,lo rupee value 1-2 months lo drastic ga eami pergadhu. nuuvu pampinchi , malli return tepinchukunte remmitance charges bokka tappa, pedaa vupayaogam vundadu. neeku avasaram lekapothe naaku appu iivu boss, neeku kavallisinappudu istha. Quote
worstandhra Posted August 21, 2013 Report Posted August 21, 2013 [quote name='BSK' timestamp='1377090039' post='1304143675'] I have some pounds which i need them in a month or two .. but meanwhile is it wise to send money to india and bring back them when the rupee gets strong. Experts please suggest which is the best way to send and also to recieve money to and from INDIA. [/quote] I am not an expert on this but I have something to say. US Federal Reserve continues to buy back Bonds and eases QE - shortly what all it means is all the investments done in last 4-5 years on emerging markets like India will be taken back. And the next question should be - 'How long will it go?' - basically this answer would solve all the problems of Rupee. The simple and best answer is "Nobody knows answer for this, except US Federal Reserve which is not run by US Govt but run by Rothschild". If you have some contacts with main members of Rothschild family (whose assets amount to $ 500 Trillion which is equal to Half of worlds wealth), tell me that info. back to me. My Suggestion: Rupee will only get weaker and weaker for another 6 months. After that it may strengthen but not with in 2 months as planned by u. Quote
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