SonyAgarwal Posted December 1, 2021 Report Posted December 1, 2021 Why the rate is just 70 to 75 since last 3 years why it is not increasing Quote
Hitman Posted December 1, 2021 Report Posted December 1, 2021 Modi didn’t print new money and US printed a lot. 1 Quote
SonyAgarwal Posted July 12, 2022 Author Report Posted July 12, 2022 Waiting for it to reach 100 rupeees Quote
Ara_Tenkai Posted July 12, 2022 Report Posted July 12, 2022 2040 kalla avudsi ani oka study vachindi Quote
hyperbole Posted July 12, 2022 Report Posted July 12, 2022 On 12/1/2021 at 12:56 PM, SonyAgarwal said: Why the rate is just 70 to 75 since last 3 years why it is not increasing Because Modi is dumb, we are not leveraging our economy and work force, we are importing more than we are exporting leading to a trade deficit, that means we are buying more dollars to pay for the imports than we are earning. If a country exports more than it imports, there is a high demand for its goods, and thus, for its currency. The economics of supply and demand dictate that when demand is high, prices rise and the currency appreciates or depreciates in value. Quote
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