Showing posts with label Dollar. Show all posts
Showing posts with label Dollar. Show all posts

Tuesday, 9 September 2014

A Comment on Dollar reaching 14 month high value

My Comment on an article "Dollar sweeps to 14 month high, kicks oil below $100" published in the economictimes.com Dated 09/09/2014 at 10:30 pm.


"Very good position. 
Strong Dollar means a cheaper oil products. Good for transport business and for commuters. 

Further it can make all products available a bit cheaper as everything is dependent on transportation cost."

Thursday, 15 May 2014

A Comment on RBI maintaining/ controlling Rupee value

My Comment on an article "RBI may buy more Dollars to prevent major rise of Rupee" published in the Economic Times Dated 15/05/2014 at 1:10 pm.


"Good work being done by RBI to maintain rupee value. 

But is it the fair value of Rupee to be at 60 for Dollar? 

If inflation and circumstances pushed down Rupee, the same reasons should affect value of Dollar also. Two decades ago it was 50-52 per Dollar and the same ratio should be maintained now also as per my opinion."

Saturday, 5 April 2014

A Comment on a prediction of the value of Rupee to Dollar

My Comment on an article "Rupee could either be at 55 or 68 in FY 2015, say experts" published in the Economic Times dated 04/04/2014 at 10:25 pm. 


"Very silly title. "Rupee could be either at 55 or 68 a dollar". 

Why not put it as it could either be at 50 or 100; a more safer side. 

What is the sense of this title to this article? It can be assumed by any lay man that it can be like that. No need to tell it now by taking so much pains."

Wednesday, 2 April 2014

A Comment on RBI not allowing rupee to strengthen below 59

My Comment on an article "Right level for rupee at 55? RBI may not let it strengthen below 59" published in the Economic Times Dated 31/03/2014 at 10:40 pm. 


"Why Sir, what will be the problem if it pegs down to 56 or 55 per dollar? 

Oil imports will be cheaper for us which is the major import item of our country. We can improve our CAD. 

Our imports are more than exports done by us. So why not let it fall below 59 per dollar?"

Friday, 21 February 2014

A Comment on Deliberately allowing the Rupee to fall

MY Comment on an article "Did the Indian government deliberately allow the rupee to fall?" published in the Economic Times dated 21/02/2014 at 3:27 pm.


"From the point of view of encouraging exports, it is good. 

If you get extra rupees you are tempted to export more. It is good for restricting imports also. 

If imports are restricted, you will be forced to consume domestic products. It will boost our industry. 

So for more internal development it is a very good tool to make the rupee weaker against dollar and euros."

Sunday, 29 December 2013

A Comment on Rupee value down 14% against Dollar in year 2013

My Comment on an article "Rupee second worst emerging market currency: Down 14% against Dollar" published in the Economic Times Dated 28/12/2013 at 10:30 pm.


"Very bleak picture ahead. 

Difficult to forecast or foresee anything. 

Leave it to markets with some controlling measures on inflation and imports."

Wednesday, 27 November 2013

A Comment on linking Modi factor with Rupee value fluctuation


My comment on an article published in the Economic Times.com Dated 26/11/2013 published at 10:15 pm.

"It is good to see rupee sliding towards 60 per dollar. 

But why you think that if Modi is there it will improve to 50 per Dollar? Why not somebody else? Say Chidambaram or somebody like him. 

Giving too much significance to a certain person is not reasonable factor. It is a combination of many factors that decides your currency value and not a personality.
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