India takes big step to internationalise the Rupee

[bandit]

Foreign currency exchange is too complex for your intellect. Dirty and ***** suits you better. Modi says to build more toilets less temples.

Right, thats why i have no answer about the foolish chinese economics stating rupee will be hurt by swap agreement.

And dirty and sh.itty doesnt suit me chibro, or I would have been in China like you

 

[Fattyacids]

Right, thats why i have no answer about the foolish chinese economics stating rupee will be hurt by swap agreement.

And dirty and sh.itty doesnt suit me chibro, or I would have been in China like you

With an IQ of 82, you never will.

It is your country that needs more toilets, not china.

 

[IndoCarib]

India entry into JP Morgan’s emerging-market Index may help attract $19 bn

India entry into JP Morgan’s emerging-market Index may help attract $19 bn - The Economic Times

 

[bolo]

Indians think issuing bonds are a good thing? who is going to buy junk bonds? I will buy bonds from a 70 trillion deficit country instead of Indian bonds.

 

[shuttler]

India entry into JP Morgan’s emerging-market Index may help attract $19 bn

India entry into JP Morgan’s emerging-market Index may help attract $19 bn - The Economic Times

that is peanuts

what is the abiltiy of the indian rupee to blow this up into a mature and respected currency?
1. it is very unstable - no one would want it as a reserve currency or the want is dirt low
2. india imports more than it ships out. indians need more foreign currencies way over foreigners need rupees in total
3. what is the FDI of india when large companies are backing off and away from the tune of indian trumpeters
4. the ranking of tourism business in india is low. its growth y-o-y is based on crazy inflation in india
5. it holds value only on remittance and short term speculative transactions
6. the fx reserve is less than $278 billion which is about the size of HK or Taiwan. The indian fx reserve is still subject to great volatility of the us fed decisions and the impending demands of its ST obligations.It is just enough to last for 6 months or less before wiping the whole reserve out, clean!

 

[Destro]

India entry into JP Morgan’s emerging-market Index may help attract $19 bn

India entry into JP Morgan’s emerging-market Index may help attract $19 bn - The Economic Times

dream on kiddo. Jim Rogers predicted the collapse of the Indian growth story and he nailed it with 100% accuracy. Indian Rupee is a collapsing currency and you're dreaming of it becoming a reserve currency

Day dreaming is exactly why the Indian economy and Rupee is in such a mess. Corruption is part and parcel of Indian culture. Indian corruption makes other countries corruption look insignificant in comparison.

 

[shuttler]

Indians think issuing bonds are a good thing? who is going to buy junk bonds? I will buy bonds from a 70 trillion deficit country instead of Indian bonds.

or as a rule of thumb for junk bonds they need to have super high rates to attract the gamblers ~ the moral of which is a deep cut into the cheerleader's fiscal deficits which will effect another chain of downgrading and hiking of borrowing costs!

 

[cloud_9]

*cough**cough*The proposed bond in USD will take advantage of IFC's better credit ratings. External bond investors will accept an IFC credit risk for a lower yielding underlying rupee exposure

 

[shuttler]

*cough**cough*The proposed bond in USD will take advantage of IFC's better credit ratings. External bond investors will accept an IFC credit risk for a lower yielding underlying rupee exposure

what is there to brag about issuing a USD currency bond to back up its cashflow!

cheerleaders are running out of foreign currency cash to pay its bills!

 

[Shankranthi]

Before Indians rejoice on this news, I hope they realize that by issuing bonds the congress govt. is just making matters worse.

Congress has now emptied the coffers with their promises of free meal. Now they are going to borrow money by issuing bonds and will leave the next govt. to repay those bonds when they mature.

Unless the borrowed money is used to kick start the economy and generate returns that will be greater than the interest issued on those bonds and future rate of Rupee against the dollar, congress is setting up a debt trap for the next govt.

A debt trap for the BJP govt.

 

[Foo_Fighter]

@Fattyacids u sound more and more like Hafiz and HongWu whcih are clearly Pakistani Nationals. I hope they don't turn you into a Pakastani as well. You are more educated than others, rest I leave it to you.

 

[Fattyacids]

@Fattyacids u sound more and more like Hafiz and HongWu whcih are clearly Pakistani Nationals. I hope they don't turn you into a Pakastani as well. You are more educated than others, rest I leave it to you.

Why did I do to warrant such a reminder?

 

[Jade]

India entry into JP Morgan’s emerging-market Index may help attract $19 bn

India entry into JP Morgan’s emerging-market Index may help attract $19 bn - The Economic Times

Excellent. In fact J.P.Morgan runs the largest UK equity investment trust focusing purely on India.

 

[Foo_Fighter]

Mate in UK where I lived for soo many years Indian and Chinese are good friends, however here in PDF everything opposite. Why is that???

Why did I do to warrant such a reminder?

 

[Guynextdoor2]

What about Standard and Poor's effect?
India credit rating is BBB, borderline junk status. Who's going to buy your bond?

If rating you a junk member has had no effect, then....