A very easy explanation to the concept of why rupee falling against the dollar,.Have a look for yourself !! Rs insight.com brings all the latest issues in easy language to understand better.
A very easy explanation to the concept of why rupee falling against the dollar,.Have a look for yourself !!brings all the latest issues in easy language to understand better.
@ashishanand25 what is happening with Euro zone is - people who had Euro are selling it and next best bet for them is Dollar.
Regarding bankruptcy - well that is goign to define bottom of this slowdown. As soon as some European country files bankruptcy, assume, we have touched the bottom of slowdown. Have fun!
rule of thumb is to spread your amount in to small parts over longer period of time. No one really know how far Dollar will go, so no pint in predicting it. If you were planning to send 20k USD, send it in to 3 parts over next 3 weeks. This is best one can do.Having said, Experts are saying that until and unless some European country files bankruptcy, Dollar will keep rising.
Nice video, NRI here (but I don't know much about currencies), I've sent my first set of $ savings to India at around Rs.50-52 to a Dollar. Do you think I should send more now, or wait so I can get even more Rupees for my Dollars?
@ashishanand25 - Its very difficult for even experts to predict the dollar movement. So dont get involved in the mess and start to speculate. In a matter of 3 months the movement was so strong so use this opportunity to send money rather than wait and take a risk missing a profit is better than incurring loss.
@ashishanand25 Most important thing of all , get advice only from people whom u know personally and who are sound in that specific area and not on public forums as they dont have a vested interest in ur success( a person like me) and I could be totally wrong
Good explanaition Brother..really simplified..:-)
iamawesome678 2 weeks ago
gd effort bt not up to the mark 4 a finance student....
mneonate 1 month ago
Brilliant !!!
unmaivilambi 1 month ago
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A very easy explanation to the concept of why rupee falling against the dollar,.Have a look for yourself !! Rs insight.com brings all the latest issues in easy language to understand better.
MrRsinsight 1 month ago
A very easy explanation to the concept of why rupee falling against the dollar,.Have a look for yourself !!brings all the latest issues in easy language to understand better.
MrRsinsight 1 month ago
Great Effort....nice way of explanation
yoursshubhamsingh 2 months ago
Its 53 today!! Congress is there only to stay in power not to make india great or powerful.. I wish congress dies so india can live.
KarthikSoun 2 months ago 3
interesting...how does some country filing bankruptcy weaken the $?
ashishanand25 3 months ago
@ashishanand25 what is happening with Euro zone is - people who had Euro are selling it and next best bet for them is Dollar.
Regarding bankruptcy - well that is goign to define bottom of this slowdown. As soon as some European country files bankruptcy, assume, we have touched the bottom of slowdown. Have fun!
Nice video! Thanks!
nilcontact 3 months ago
rule of thumb is to spread your amount in to small parts over longer period of time. No one really know how far Dollar will go, so no pint in predicting it. If you were planning to send 20k USD, send it in to 3 parts over next 3 weeks. This is best one can do.Having said, Experts are saying that until and unless some European country files bankruptcy, Dollar will keep rising.
MumbaiPav 3 months ago
Nice video, NRI here (but I don't know much about currencies), I've sent my first set of $ savings to India at around Rs.50-52 to a Dollar. Do you think I should send more now, or wait so I can get even more Rupees for my Dollars?
ashishanand25 3 months ago
@ashishanand25 - Its very difficult for even experts to predict the dollar movement. So dont get involved in the mess and start to speculate. In a matter of 3 months the movement was so strong so use this opportunity to send money rather than wait and take a risk missing a profit is better than incurring loss.
ingrainedadv 2 months ago
@ashishanand25 Situation 1: The dollar goes high but you sent money at 52 rs , you will feel a bit bad about it as u missed profit
Situation 2 You waited and then the dollar became 45 rs , you actually lost money in this deal by speculating
ingrainedadv 2 months ago
@ashishanand25 Most important thing of all , get advice only from people whom u know personally and who are sound in that specific area and not on public forums as they dont have a vested interest in ur success( a person like me) and I could be totally wrong
ingrainedadv 2 months ago