usd falling

[Ryzen_renoir]

USD will keep appreciating against rupee forever until india become a net exporter 

India has always ran a huge current account deficit for all it's history due to energy imports.  Unless india finds another industry like IT industry that can produce lot of net exports 

[kasi]

5 minutes ago, Ryzen_renoir said:

USD will keep appreciating against rupee forever until india become a net exporter 

India has always ran a huge current account deficit for all it's history due to energy imports.  Unless india finds another industry like IT industry that can produce lot of net exports 

ala cheppu, iyna eni gens chusuntadhi uncle @futureofandhra

malli ila yala???

[Killer66]

18 minutes ago, Ryzen_renoir said:

USD will keep appreciating against rupee forever until india become a net exporter 

India has always ran a huge current account deficit for all it's history due to energy imports.  Unless india finds another industry like IT industry that can produce lot of net exports 

Ev battery evolution valla Indian rupee down fall tagutundi emo in future but still long way to go .

[Guest]

30 minutes ago, Ryzen_renoir said:

USD will keep appreciating against rupee forever until india become a net exporter 

India has always ran a huge current account deficit for all it's history due to energy imports.  Unless india finds another industry like IT industry that can produce lot of net exports 

Only if Indian rupee is continued to be pegged to the dollar. China is not pegged to the $ since 2005.

[Ryzen_renoir]

1 hour ago, Killer66 said:

Ev battery evolution valla Indian rupee down fall tagutundi emo in future but still long way to go .

No it won't , india itself has almost no domestic production as of now 

It will still be importing vast amount of stuff for EV's 

 I don't see any chance that current account deficit will reduce next 3 decades 

 

[Ryzen_renoir]

1 hour ago, rushmore said:

Only if Indian rupee is continued to be pegged to the dollar. China is not pegged to the $ since 2005.

You are wrong , chinese RMB is actually pegged to the dollar. While Indian rupee is somewhat free floating 

comparison with china who runs the highest current account surplus for almost 2 decades is just wrong

Besides the value has nothing 5o so pegging anyway , it's just a simple product of current account deficit/surplus 

[futureofandhra]

1 hour ago, Ryzen_renoir said:

USD will keep appreciating against rupee forever until india become a net exporter 

India has always ran a huge current account deficit for all it's history due to energy imports.  Unless india finds another industry like IT industry that can produce lot of net exports 

then what is petro dollor then

am talkin about overall value of usd that impacts on rs

one main  reason is petro imports if its done in rs n riyal then

indian imports of us oil is less % compare dot other countries

[Guest]

1 hour ago, Ryzen_renoir said:

You are wrong , chinese RMB is actually pegged to the dollar. While Indian rupee is somewhat free floating 

comparison with china who runs the highest current account surplus for almost 2 decades is just wrong

Besides the value has nothing 5o so pegging anyway , it's just a simple product of current account deficit/surplus 

https://www.nytimes.com/2005/07/21/business/worldbusiness/china-says-it-will-no-longer-peg-its-currency-to-the.html