Indian rupee hits new low despite central bank moves

[xyxmt]

Newton's law is actually the reason behind why pakistan is being bombed.

in that case E=MC stands for India if you take MC in street language

 

[Shadow_Hunter]

in that case E=MC stands for India if you take MC in street language

you don't even know the correct formula. madarssa education?

 

[eastwatch]

in that case E=MC stands for India if you take MC in street language

A little correction, E=mc2.

 

[WAR-rior]

A little correction, E=mc2.

Ha Ha. Little ? U reduced it by a complete speed of lite. .

 

[xyxmt]

A little correction, E=mc2.

even a 5th grader knows it, its MC square now try writing it properly in PDF editor
do you even know what MC i was referring to

you don't even know the correct formula. madarssa education?

its funny how chutias try to correct something as easy as ACBD, want to correct me here too
or do you like to be called maha MC that would be MC square, but since code words dont work very well for Indian let me spell what i was saying

E (east of our border) = MC (m. cho) or if you like i can call you twice the M.C
got it now half smart?

 

[eastwatch]

even a 5th grader knows it, its MC square now try writing it properly in PDF editor
do you even know what MC i was referring to?

Sorry, if I have hurt your feeling. I thought you made a typing error. I do not really know what was your intention to write the Einstein's famous formula, but in science it is, E is energy, m is mass and c is the speed of light per second, which is about 207.5km less than 300,000km/sec.

 

[cirr]

So the rout in rupee has resumed after a 2-day respite。

Re breaches 65-mark vs USD; down 104 paise in early trade

Last updated on: August 27, 2013 10:11 IST

Re breaches 65-mark vs USD; down 104 paise in early trade - Rediff.com Business

 

[TopCat]

So the rout in rupee has resumed after a 2-day respite。

Re breaches 65-mark vs USD; down 104 paise in early trade

Last updated on: August 27, 2013 10:11 IST

Re breaches 65-mark vs USD; down 104 paise in early trade - Rediff.com Business

I see a crash in the horizon for Indian economy. 1997 Asian crisis??

 

[shuttler]

This is just one indication of how dire the indian economy is

another report by FT on 25 Aug was 1 in 4 companies in india is having difficulties in paying just the interest portions of their foreign currency loans

see # 7 posted by @ChinaToday

India’s fundamentals have deteriorated steadily under Mr Singh’s government. Since 2007, the current account deficit has exploded from $8bn to $90bn; it now equals 5 per cent of gross domestic product, twice the level academic studies suggest is sustainable. Meanwhile, many corporations have been on a borrowing binge. Since 2007, borrowing by the 10 most indebted companies has risen sixfold to $120bn, with much of it denominated in foreign currencies. One in four companies does not have the cash flow to cover its interest payments adequately. Total short-term external debt has risen from $80bn to $170bn. There is talk in New Delhi that, for the third time since the crisis of 1981, India may have to appeal to the International Monetary Fund.

Source: http://www.defence.pk/forums/world-...confidence-hits-india-hard.html#ixzz2d8y1dOpI

 

[shuttler]

The RBI has issued a bill of health on their banking sector after stress tests were done last November.

It is time for them to do the exercise once again

Now the rupee is @65.275 to the dollar. Lets see how the RBI can do.

 

[TopCat]

Man .. it will hit 70 in no time and Indian economy haven't seen the worst yet..

I wonder what would rupee priced in a year or so.

 

[Shadow_Hunter]

its funny how chutias try to correct something as easy as ACBD, want to correct me here too
or do you like to be called maha MC that would be MC square, but since code words dont work very well for Indian let me spell what i was saying

E (east of our border) = MC (m. cho) or if you like i can call you twice the M.C
got it now half smart?

Its actually ABCD, not ACBD. I bet you were last even in your madarssa class.

 

[Lightningbolt]

I'm loving seeing the Indian rupee collapse.

 

[xyxmt]

Its actually ABCD, not ACBD. I bet you were last even in your madarssa class.

yet proving to be chutia again, like it was needed

 

[Chinese-Dragon]

Indian Rupee Breaches 66 to Dollar - Wall Street Journal

Man, it is falling fast.

Just on the "statement" from the US Federal reserve that they would stop their easy-money policy.

Imagine what would happen on the day that policy actually stops!