Soon 1$ = 80 Inr ++++

[Hitman]

The U.S. dollar is on a roll. The dollar index, which measures its value versus a basket of other world currencies, is at a four-year high. John Mauldin, best-selling author and chairman of Mauldin Economics says, get used to it.

 

Mauldin believes the dollar is going to keep rising and “get a lot stronger than anyone can imagine.” He says, “We are going to be trading stronger against nearly every currency.“

 

In other parts of the world, currencies are slipping as the U.S. dollar strengthens. Central banks in Europe and Japan are shifting policies to fight slowing growth and fend off deflation. Last month, the Bank of Japan boosted its quantitative easing strategy, and the yen fell to a seven-year low against the dollar on the news. The European Central Bank is expected to start its own QE program.

 

Even currencies in emerging markets are struggling against the dollar. In Russia, the ruble is being beaten down by slower growth and economic sanctions against the nation. Currencies of other major emerging markets like India and Indonesia are still trying to claw back after sharp declines following the announcement of the end of quantitative easing in the U.S. last year.

 

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On Monday, the president of the Boston Federal Reserve bank, Eric Rosengren, said the rise of the dollar against world currencies is a sign of how strong the U.S. economy is and doesn't indicate a currency war is developing. "Various economies are in very different positions," Rosengren said.

 

Mauldin says the rise of the dollar puts the Fed in a more difficult place as far as raising rates. One of the problems of a stronger dollar is that it creates a deflationary environment. Deflation hurts the economy by encouraging a delay in spending if the assumption is that prices will be lower in the future. The Federal Reserve wants inflation and has a target of 2%. But the Fed isn't getting any closer to meeting its inflation target.

 

Of course, anyone who is heavily invested in gold wants inflation to rise too. The dollar’s strength isn’t good for the precious metal. Gold is bouncing along four-year lows. But Mauldin calls it “central bank insurance.”

 

He says, “I have health insurance; I have life insurance; I have central bank insurance. And I hope to dear God to never use any of those.”

[srikanthraparla]

bl@st bl@st 100 avvali

[Maximus]

[donganaaK]

Impossible .... The US itself will not let the dollar grow so strong .... there are too many macros that are dependant on it..

[Hitman]

Impossible .... The US itself will not let the dollar grow so strong .... there are too many macros that are dependant on it..

 

Buddy.. ee car using? eppatiki enni carlu try chesav?

[ronitreddy]

bl@st bl@st 100 avvali

appudu kani manam sanka naakipomu..

[BillMarkSteve]

Already gold and platinum at low prices...hitting 4 years bottom price...one of the reason being dollar head strong...
Which is bcs of very good market strategies for export n import by US...

Even modi wants make ruppee strong against dollar...

May be $1= 55 rupees by may ,2015 or so...

[Silver_mani]

steady ga 60 vunna chalu 

[alpachinao]

OK

[ipaddress0]

chaaaa

[srikanthraparla]

appudu kani manam sanka naakipomu..

li8 100 unte chalu oka 5 years

[Akkumm_Bakkumm]

bl@st bl@st 100 avvali

India biscuit avtundi Ala ithe. Not good for India, let it remain at 60

[psycopk]

not goona happen.. if i am correct.. inko 10years lo US dollar padipodi..

[srikanthraparla]

India biscuit avtundi Ala ithe. Not good for India, let it remain at 60

India bisket em kadu le vay...alage antaru... prapancham alla kallollam ayina india alane untadi max

[BillMarkSteve]

not goona happen.. if i am correct.. inko 10years lo US dollar padipodi..

Db admin ela chepthe ala jaragali ani rule emina vunda ??