Rupee breaches 74

[snoww]

Just now, snoww said:

You think your flat value will raise more in future even in the worst economic conditions which pushed rupee to 100 ?

Real estate will also get affected in such worst economic conditions. 

[dasara_bullodu]

I have a feeling there will be a crazy spike in dollar rate in near future

[panipoori]

naa laddu lodi... congress vnnappudu levani norlu ippudu lestunnaayi

[kevinUsa]

$$$74.18

[Android_Halwa]

Fcuk Gold and Oil...

stop selling $$ in domestic markets and instead issue e-cards..! 

Stock market debba tintadi short term la but institutional investors pull out avakunda, payments time increase chesi, ilanti steps teesuko avali...

74 is still comfortable number looking at the size of economy and our imports, but inka ekuva padithe a inflation spike up manage cheyadam chala katamemo, not to say the spike in interest rates..

[Android_Halwa]

Gold imports api10gali....Gold is savior as well as sarvanashini

we have tones of gold sitting at home safe in lockers...we need to ammortiste that and get in needed liquid..capital markets lo vundalsina liquid ni gold ki convert chesi igo we are inviting such problems...

[dasara_bullodu]

1 minute ago, Android_Halwa said:

Fcuk Gold and Oil...

stop selling $$ in domestic markets and instead issue e-cards..! 

Stock market debba tintadi short term la but institutional investors pull out avakunda, payments time increase chesi, ilanti steps teesuko avali...

74 is still comfortable number looking at the size of economy and our imports, but inka ekuva padithe a inflation spike up manage cheyadam chala katamemo, not to say the spike in interest rates..

intaki pergutunda leda adi cheppu

[BeerBob123]

[AlaElaAlaEla]

Just now, BeerBob123 said:

 

anna happy hour anna

[snoww]

1 minute ago, dasara_bullodu said:

intaki pergutunda leda adi cheppu

It will. RBI did not raised interest rates today. it will cause rupee to drop more. 

[dasara_bullodu]

1 minute ago, snoww said:

It will. RBI did not raised interest rates today. it will cause rupee to drop more. 

interest rates penchale ante banks lo veyyaru kada so consumption perugutundi, asale petrol price worst ga undi ante recession gurarantee india lo.... the worst of the moves idi

[snoww]

Just now, dasara_bullodu said:

interest rates penchale ante banks lo veyyaru kada so consumption perugutundi, asale petrol price worst ga undi ante recession gurarantee india lo.... the worst of the moves idi

Yes. Inflation will go out of hand. wrong move , that is why stock market reacted very badly yesterday. 

[Android_Halwa]

To out some numbers together, forex reserves at $400 billion, Good at $20 billion, access to credit of $600 billion. 

This is the size....we have enough forex reserves to deal with such things, price rise is temporary. 

I was also expecting interest rate hike and arresting liquidity and spending by RBI but it did not happen, surprising though...either a foolish move or calculated one.

[BeerBob123]

6 minutes ago, AlaElaAlaEla said:

anna happy hour anna

ekkada

[Android_Halwa]

6 minutes ago, dasara_bullodu said:

intaki pergutunda leda adi cheppu

Market parameters are responding in favour if $....

its the market that decides the fate, its dynamic...