USD to INR forcast 2017 ... golden days are gone

[icecreamZ]

USD to INR forecast by month.

Year	Month	Open	Max	Мin	Close	Aver	ChgMon,%	TotalChg,%
2017	April	64.85	64.85	62.15	63.10	63.74	-2.70%	-2.70%
2017	May	63.10	63.10	60.91	61.84	62.24	-2.00%	-4.64%
2017	June	61.84	61.84	59.69	60.60	60.99	-2.01%	-6.55%
2017	July	60.60	60.78	58.98	59.88	60.06	-1.19%	-7.66%
2017	August	59.88	60.37	58.59	59.48	59.58	-0.67%	-8.28%
2017	September	59.48	59.80	58.04	58.92	59.06	-0.94%	-9.14%
2017	October	58.92	61.00	58.92	60.10	59.74	2.00%	-7.32%
2017	November	60.10	61.12	59.32	60.22	60.19	0.20%	-7.14%
2017	December	60.22	60.74	58.94	59.84	59.94	-0.63%	-7.73%
2018	January	59.84	61.04	59.24	60.14	60.07	0.50%	-7.26%
2018	February	60.14	60.26	58.48	59.37	59.56	-1.28%	-8.45%
2018	March	59.37	60.52	58.74	59.63	59.57	0.44%	-8.05%
2018	April	59.63	61.23	59.43	60.33	60.16	1.17%	-6.97%
2018	May	60.33	61.39	59.57	60.48	60.44	0.25%	-6.74%
2018	June	60.48	60.48	58.38	59.27	59.65	-2.00%	-8.60%
2018	July	59.27	60.45	58.67	59.56	59.49	0.49%	-8.16%
2018	August	59.56	61.66	59.56	60.75	60.38	2.00%	-6.32%
2018	September	60.75	61.43	59.61	60.52	60.58	-0.38%	-6.68%
2018	October	60.52	62.40	60.52	61.48	61.23	1.59%	-5.20%
2018	November	61.48	62.31	60.47	61.39	61.41	-0.15%	-5.34%
2018	December	61.39	61.47	59.65	60.56	60.77	-1.35%	-6.62%
2019	January	60.56	62.70	60.56	61.77	61.40	2.00%	-4.75%
2019	February	61.77	63.07	61.21	62.14	62.05	0.60%	-4.18%
2019	March	62.14	62.93	61.07	62.00	62.04	-0.23%	-4.39%
2019	April	62.00	63.14	61.28	62.21	62.16	0.34%	-4.07%

[ARYA]

[ICANWIN]

April-May lo India ki transfer chesukovali ayite 

[k2s]

2 minutes ago, icecreamZ said:

USD to INR forecast by month.

Year	Month	Open	Max	Мin	Close	Aver	ChgMon,%	TotalChg,%
2017	April	64.85	64.85	62.15	63.10	63.74	-2.70%	-2.70%
2017	May	63.10	63.10	60.91	61.84	62.24	-2.00%	-4.64%
2017	June	61.84	61.84	59.69	60.60	60.99	-2.01%	-6.55%
2017	July	60.60	60.78	58.98	59.88	60.06	-1.19%	-7.66%
2017	August	59.88	60.37	58.59	59.48	59.58	-0.67%	-8.28%
2017	September	59.48	59.80	58.04	58.92	59.06	-0.94%	-9.14%
2017	October	58.92	61.00	58.92	60.10	59.74	2.00%	-7.32%
2017	November	60.10	61.12	59.32	60.22	60.19	0.20%	-7.14%
2017	December	60.22	60.74	58.94	59.84	59.94	-0.63%	-7.73%
2018	January	59.84	61.04	59.24	60.14	60.07	0.50%	-7.26%
2018	February	60.14	60.26	58.48	59.37	59.56	-1.28%	-8.45%
2018	March	59.37	60.52	58.74	59.63	59.57	0.44%	-8.05%
2018	April	59.63	61.23	59.43	60.33	60.16	1.17%	-6.97%
2018	May	60.33	61.39	59.57	60.48	60.44	0.25%	-6.74%
2018	June	60.48	60.48	58.38	59.27	59.65	-2.00%	-8.60%
2018	July	59.27	60.45	58.67	59.56	59.49	0.49%	-8.16%
2018	August	59.56	61.66	59.56	60.75	60.38	2.00%	-6.32%
2018	September	60.75	61.43	59.61	60.52	60.58	-0.38%	-6.68%
2018	October	60.52	62.40	60.52	61.48	61.23	1.59%	-5.20%
2018	November	61.48	62.31	60.47	61.39	61.41	-0.15%	-5.34%
2018	December	61.39	61.47	59.65	60.56	60.77	-1.35%	-6.62%
2019	January	60.56	62.70	60.56	61.77	61.40	2.00%	-4.75%
2019	February	61.77	63.07	61.21	62.14	62.05	0.60%	-4.18%
2019	March	62.14	62.93	61.07	62.00	62.04	-0.23%	-4.39%
2019	April	62.00	63.14	61.28	62.21	62.16	0.34%	-4.07%

Will see

[Android_Halwa]

Rupee is experiencing gains since the last two-quarters and that is expected to continue for next 2-3 quarters. But that's not enough to gauge the forecast. 

But the reality is, It takes a while for a 3 trillion economy to compete with a 15 trillion economy. Even if we grow by 7-8% year, US growth of 09-1% will wipe of a trillion in Indian Economy. American economy is showing strong signs of recovery and coupled with possible Interest rate hikes towards the end of they year, We can see Rupee still gaining as cheaper money will be expected to move to Asian economy and heavy buying in rupee can be expected. 

Good days for Rupee to reduce current account deficit but hard for ex-pats remittances. However, Guld exchange rates are attractive with rupee and the largest remittance group doesnt seem to be effected by this. 

 

[Android_Halwa]

But the good part is, Inflation in India is at decade low and more or less stable with interest rates also coming down. If people are sending money and feel they get less than they used to earlier, in fugures yes but in reality, You can buy more things and pay for additional services with the same money compared to last year. 

[lazybugger]

6 minutes ago, Android_Halwa said:

Rupee is experiencing gains since the last two-quarters and that is expected to continue for next 2-3 quarters. But that's not enough to gauge the forecast. 

But the reality is, It takes a while for a 3 trillion economy to compete with a 15 trillion economy. Even if we grow by 7-8% year, US growth of 09-1% will wipe of a trillion in Indian Economy. American economy is showing strong signs of recovery and coupled with possible Interest rate hikes towards the end of they year, We can see Rupee still gaining as cheaper money will be expected to move to Asian economy and heavy buying in rupee can be expected. 

Good days for Rupee to reduce current account deficit but hard for ex-pats remittances. However, Guld exchange rates are attractive with rupee and the largest remittance group doesnt seem to be effected by this. 

 

lol. Hope you keep your money where your mouth is.

[lazybugger]

4 minutes ago, Android_Halwa said:

But the good part is, Inflation in India is at decade low and more or less stable with interest rates also coming down. If people are sending money and feel they get less than they used to earlier, in fugures yes but in reality, You can buy more things and pay for additional services with the same money compared to last year. 

why is that exactly? Modi magic? or just banks have stopped lending completely? and there's a fall in demand?

India still has the same structural issues that it had since the early 2000s.

[Android_Halwa]

1 minute ago, lazybugger said:

lol. Hope you keep your money where your mouth is.

Welcome back.

There is another prediction going on, After 2019 May, rupee is expected to hit all time high on 100...as mayawati is expected to become PM of India.

[Android_Halwa]

Just now, lazybugger said:

why is that exactly? Modi magic? or just banks have stopped lending completely? and there's a fall in demand?

India still has the same structural issues that it had since the early 2000s.

 

Domestic demand is driving the market encouraging local production and commerce. Lower oil prices and interest rates at 6-7 years low. Capping the NPA of the banks and stricter lending policies of the banks. India still have the same structural problem as we have it now, only the difference is that the way it is being implemented now has made the difference. More private participation and govt minding its business...things which are beyond your  intellect level.

[icecreamZ]

25 minutes ago, ICANWIN said:

April-May lo India ki transfer chesukovali ayite 

yes .... aasesulu

[lazybugger]

1 minute ago, Android_Halwa said:

Domestic demand is driving the market encouraging local production and commerce. Lower oil prices and interest rates at 6-7 years low. Capping the NPA of the banks and stricter lending policies of the banks. India still have the same structural problem as we have it now, only the difference is that the way it is being implemented now has made the difference. More private participation and govt minding its business...things which are beyond your  intellect level.

lol. you talk like an 8yr old who read the foreword of an 'investment' book, and call me out on my intellect level?

difference is in implementation? lol. wtf man. what is that 'implementation'? anyway don't bother. I don't have time for your bullshit.

[lazybugger]

9 minutes ago, Android_Halwa said:

Welcome back.

There is another prediction going on, After 2019 May, rupee is expected to hit all time high on 100...as mayawati is expected to become PM of India.

Its quite clear from you that an MBA kills the fun in a person. 

Now the only fun you can have is by deluding yourself that you have great skills at crystal gazing.

[lazybugger]

13 minutes ago, Android_Halwa said:

Domestic demand is driving the market encouraging local production and commerce. Lower oil prices and interest rates at 6-7 years low. Capping the NPA of the banks and stricter lending policies of the banks. India still have the same structural problem as we have it now, only the difference is that the way it is being implemented now has made the difference. More private participation and govt minding its business...things which are beyond your  intellect level.

demonetization is that 'implementation'.

MBA fcuks are at the frontlines to normalize every other fascist pig, even when they have zero idea what they are talking about. you should try this bullshit with people who are dazzled by your word play.

I wouldn't invest a rupee in India. I had plans to, before September last year. Even if I did, it won't be because of this govt. but my own city Chennai.

[Android_Halwa]

20 minutes ago, lazybugger said:

lol. you talk like an 8yr old who read the foreword of an 'investment' book, and call me out on my intellect level?

difference is in implementation? lol. wtf man. what is that 'implementation'? anyway don't bother. I don't have time for your bullshit.

 

No one is requesting you to read...You can skip.