Rupee Slaughter Continues Hits All Time Low 67.33

[sid_22]

[img]http://img-d02.moneycontrol.co.in/news_image_files/2013/r/rupee_down_20Aug2_190.jpg[/img]

The Indian rupee breached the 67-mark in early trade Wednesday, hitting a record low of 67.37 against the dollar, down 113 paise from previous close.

Ashutosh Raina, HDFC Bank feels that geopolitical tensions continue to put pressure on global currencies. "Flight to seek dollar safety is expected to intensify pressures on the rupee in the short term," he adds.

zimbabwe dollar lekka sanka nakipoyettu undiga rupee........[img]http://4.bp.blogspot.com/-e5dwQ2t-RcI/UBOId6ipfmI/AAAAAAAAFW0/4gSkSq1WI_Y/s1600/brahmanandam+funny+%25284%2529.gif[/img]

[siritptpras]

any idea 70 eppudu vasthundi ? is it better to send now or wait ?

nanu doonakandi naaku india lo loans unnayi..edo naa asaa naadi

[kiladi bullodu]

[quote name='CharlieSheen' timestamp='1377662440' post='1304173721']
any idea 70 eppudu vasthundi ? is it better to send now or wait ?

nanu doonakandi naaku india lo loans unnayi..edo naa asaa naadi
[/quote]

at one time ante limit kuda undali kada, jus send money wen ever it is possible or send half now and remaining later...

[dkchinnari]

[img]http://www.desigifs.com/sites/default/files/e-20u-185.gif?1290228458[/img]

[sid_22]

[quote name='CharlieSheen' timestamp='1377662440' post='1304173721']
any idea 70 eppudu vasthundi ? is it better to send now or wait ?

nanu doonakandi naaku india lo loans unnayi..edo naa asaa naadi
[/quote]

now is a good time to start sending $$$ to india....... send in small amounts....... if rupee goes down more send more.

[siritptpras]

[quote name='loser' timestamp='1377662532' post='1304173725']

at one time ante limit kuda undali kada, jus send money wen ever it is possible or send half now and remaining later...
[/quote]

no need we can send using moneydart by paying $20.. its best so far.. no limit..

[narsayya]

[quote name='CharlieSheen' timestamp='1377662440' post='1304173721']
any idea 70 eppudu vasthundi ? is it better to send now or wait ?

nanu doonakandi naaku india lo loans unnayi..edo naa asaa naadi
[/quote]

that's the way currency markets work. You sending money to India will lift the rupee up. The later you send, the less bang for the dollar you get, provided there are others like you who have sent already.

If people are waiting for the rupee to fall further down to send money, rupee will further go down. But no one can wait forever

All the best, send as soon as you can. It's not possible for you to time it perfectly unless you have lots of data on the way the currency will probably move. I do, but I can't tell. Coz I trade in currencies a lot.

[narsayya]

[quote name='sid_22' timestamp='1377662027' post='1304173702']
[img]http://img-d02.moneycontrol.co.in/news_image_files/2013/r/rupee_down_20Aug2_190.jpg[/img]

The Indian rupee breached the 67-mark in early trade Wednesday, hitting a record low of 67.37 against the dollar, down 113 paise from previous close.

Ashutosh Raina, HDFC Bank feels that geopolitical tensions continue to put pressure on global currencies. "Flight to seek dollar safety is expected to intensify pressures on the rupee in the short term," he adds.

zimbabwe dollar lekka sanka nakipoyettu undiga rupee........[img]http://4.bp.blogspot.com/-e5dwQ2t-RcI/UBOId6ipfmI/AAAAAAAAFW0/4gSkSq1WI_Y/s1600/brahmanandam+funny+%25284%2529.gif[/img]
[/quote]

Zimbabwe doesn't have a huge expatriate population willing to send money to their country.

But it looks like Indians themselves are not doing as well as they did in the US in the early 2000s. Or they no longer care about investing in India, which is a smart decision.

[siritptpras]

[quote name='narsayya' timestamp='1377663023' post='1304173759']

that's the way currency markets work. You sending money to India will lift the rupee up. The later you send, the less bang for the dollar you get, provided there are others like you who have sent already.

If people are waiting for the rupee to fall further down to send money, rupee will further go down. But no one can wait forever

All the best, send as soon as you can. It's not possible for you to time it perfectly unless you have lots of data on the way the currency will probably move. I do, but I can't tell. Coz I trade in currencies a lot.
[/quote]

thanks for the info..

[siritptpras]

[quote name='narsayya' timestamp='1377663253' post='1304173768']
Zimbabwe doesn't have a huge expatriate population willing to send money to their country.

But it looks like Indians themselves are not doing as well as they did in the US in the early 2000s. Or they no longer care about investing in India, which is a smart decision.
[/quote]

yes demand and supply issues.. IT billing and salary baaga padipoyayi..only docs and lawyers are doing good..

[narsayya]

[quote name='CharlieSheen' timestamp='1377663272' post='1304173770']
thanks for the info..
[/quote]

just watch the equity market in India, which is where the demand for dollars is surging. Plenty of fdi being pulled out from there. Also the bond markets where FIIs have invested.

Stock markets are also a decent indicator of where the rupee is going. Especially look for stocks where there's a huge investment from FIIs. Their movement will affect the rupee a lot.

Besides these there are several other factors that affect the rupee. But these are easily observable.

[srshb445]

ivala ento rupeer mari darunanga padipotundi.....mumbai lo market start ayyinappudu 2 rs pina perigindi.....currently 68.55 undhi.....

[nani8055]

[rapchik]

[color=#ff0000][size=8]68.6[/size][/color] adda

[jersey babai]

k