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ALOO asked in Business & FinanceInvesting · 8 years ago

INDIAN RUPEE IN THE FUTURE?

will it go to 80 to a US dollar ???

7 Answers

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  • 8 years ago
    Favorite Answer

    Yes it goes down and drop further more. and if the Food Bill is get passed. Indian economy cry after that and so the Tax payer working people to feed the non-working jerk poor people (who are just sit and eat for free without working)

  • 8 years ago

    I think not because Government of India and RBI are in action to take down rupee down against dollar.

  • 8 years ago

    All this development is nonsense. We are just bring FII and FDI by selling our corporates and land. The money received is used for consumption. This economy is consumption driven. There is a supply side issue causing inflation. It is like taking loan for a wedding. No real economic output.

  • Bhau
    Lv 4
    8 years ago

    No

    It will cover to 60-62

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  • 8 years ago

    Can not exactly say may be in near future it will touch 80.

  • Rich
    Lv 5
    8 years ago

    May be. But they can't do any thing because lack of government support. They need miracle.

    Have you seen pond rate today?.. almost above 100 INR.

  • 8 years ago

    May be if economic reforms to attract investors were not not made...especially foreign investors who will bring money in dollars...there cannot be any development

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