Skip to main content

Indian rupee and us dollar

By
indian Rupee is trading around Rs 50 for a US Dollar.But he hopes to beat the US Dollar in two years.Eventhough he sees the reality in today's forex market, he is an optimistic guy.In the past too, he had an obsession to beat the Chinese Yuan.He never managed to get even a visiting visa to Beijing.

Indian Rupee was reluctant to take a passport.His guru (rbi governor) told him that he won;t get a visa since he doesn't have a passport .And there comes a point he finds that he cannot be in tune with China.Not that it was more powerful, but since Yuan looked upon Rupee as an outsider or a traitor.This is his feeling.Communist china looked india as an enemy.Not Rupees fault........

Rupee meditated and reasoned that in international trade and business, perceptions matter than facts.

But again Indian Rupee is back, this time he is after the US Dollar.He is going to play all his tricks to it.Indian Rupee feels better when he look outside in Recessionary storms.He still have a long way to go 39 to 51 is not a good sign.He hopes to get the conversion 1:1.......

wish him all the best......

us dollar will wonder and laugh when she hears about the 1:1 conversion...She won't be able to stop laughing..But the fact of the matter is Dollar doesnot know that Indian Rupee exist.

Now astrologers (some guy predicted that crude will go to 150$ and will come back before 2008) predict that Indian Rupee will face US Dollar in the same bench.

Questions
  1. Will Rupee be at par with Dollar?
  2. Do you think dollar deserve a better conversion rate?
  3. Will dollar come back to present conversion rates if such an unlikely even in the story occur?
  4. Do you see any thing larger information in this foolish story?

Disclaimer: The post is purely fictional and has nothing to do with the said currencies or countries...i am sorry if i have offended anybody.....ofcourse i have not.....

Author: Sorry if it bored you.......just random thoughts...........by the way i am not drunk....:)
Labels:

Comments

Post a Comment

Popular posts from this blog

Dr. Fixit Water Proofing Product Newcoat and Primer Pricelist July 2013

By
When it was raining heavily in kerala, i was investigating pricelist of Dr. Fixit Waterproofing products. It took me some months to share this with all of you.Let me make myself clear.I do not have a great opinion in my mind about Dr. Fixit products, so i went for Aluminium roofing.This post is for public awareness only and is not a brand endorsement. Dr. Fixit Newcoat 4 litres pack : Rs 1415 Dr. Fixit Newcoat 20 litres pack: Rs 6520 Dr. Fixit Primeseal Primer 1 litre pack: Rs 345 Dr. Fixit Primeseal Primer 10 litre pack: Rs 2995 Dr. Fixit Primeseal Primer 20 litre pack: Rs 5780
Post a Comment
Read more

ELECTION COMMISSION OF INDIA’S VOTERS ID CARD DUPLICATE APPLICATION PROCESS

By
I lost my voter id card issued by the election commission of india. I lost it along with the driving license in 2007. I took Duplicate Driving Licence from the same RTO in 2008.Now I have been postponing the efforts to take duplication voters id card due to various reasons. One election came in between and election people were giving duplicates but I didn’t went. Now local body election happens in Kerala. So I got an information that the election department at the Tehsil (Taluk) office is starting to issue duplicate voter id cards from 08.10.2010.So I drove to mavelikkara  yesterterday  in my Astar and it was raining heavily. I reached there and find a long queue of people.Since I have completed the form before hand, I just need to find my card id number and put the data and place in it.A person employed there took my application form and he checked the number of my family member in the kiosk in the same room. The kiosk terminal didn’t showed my number. So he forwarded my application
1 comment
Read more

Generate your online e-aadhaar card easily

By
Aadhaar Demystified   Aadhaar ,meaning foundation in indian languages, has become a hall of shame  or an object of inconvenience for the common man (aam aadmi). Despite a prominent personality like Mr. Nandan Nilekani at it's helm, India's aadhaar project is an epic fail. UIDAI or unique Identification Authority of India is a ghost body created by the central government.It is yet to get complete legal and constitutional status to discriminate people by providing gas subsidy {LPG subsidy for domestic use} only to aadhaar holders. Why India needed an ID System? India was in the dark about it's own citizen.Infiltration from Bangladesh, Pakistan and Srilanka happens all the time.Politicians provide illegal immigrants (a large chunk are run away criminals and terrorists) with indian election id cards inexhange of votes / money. Some crooks were eating up subsidies designed to reach deserving common man [aam aadmi] by forging fake documents and multiple accounts.
Post a Comment
Read more