Now you're talking like a d***head !rupee deserve that.cause it's useless.
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Now you're talking like a d***head !rupee deserve that.cause it's useless.
dude,chinese company earns one trillion dollars and euros per year,they need to exchange some of their foreign currency to RMB.Now you're talking like a d***head !
dude,chinese company earns one trillion dollars and euros per year,they need to exchange some of their foreign currency to RMB.
how much foreign currency can indian earn per year?
without FDI ,india would have collapsed long time ago.
and now foreign investor is escaping from india.
it cause the collapse of rupee.
india will collapse too,cause it has no foreign currency to buy foreign goods and repay the external debt.
And you keep on investing to do what, play Chinese checkers I presume ? Delusional fanboys !Our economy doesn't depend on exports.
It depends on investing.
you know nothing.
its you guys who are heavily dependent on exports and FDI , without which you will be zapped. your internal consumption is at a low 30% , when it needs to be at 50-60% to avoid the depndency from being fatal. whats worse you are dependent on exports to countries that are formulating militray alliances with the US with China in mind. If they turn off the tap and move to india in the coming years- you are screwed! while they will have a huge market to replace china
The RBI already sold 2 billion dollars last two months,and rupee is still collapsing.I wonder how long can it holds.
ubsolutely you know nothing about chinese economy.And you keep on investing to do what, play Chinese checkers I presume ? Delusional fanboys !
You sell $$ to firm up the rupee not buy them !The RBI already bought 2 billion dollars last two week,and rupee is still collapsing.I wonder how long can it holds.
It won't matter in the end, you see IND stock markets are trading close to their P/E levels in 2008 so we'll have a net inflow of funds starting as early as next fiscal. Then the weak rupee drives exports, again net gain. Remittances are growing rapidly & will soon touch ~100bn from the present ~60bn mark. This is not the case with yuan as it is pegged you don't know what will happen to its exchange range if & when it is allowed to float freely & that for you is a ticking time bomb ! Rhetorics aside you will have to stop the peg at some point in time so for your & the whole world's sake lets hope that doesn't end the China story for good like what the internet bubble then the subprime mortgage crisis did to the US !Sorry
It's sold
its you guys who are heavily dependent on exports and FDI , without which you will be zapped. your internal consumption is at a low 30% , when it needs to be at 50-60% to avoid the depndency from being fatal. whats worse you are dependent on exports to countries that are formulating militray alliances with the US with China in mind. If they turn off the tap and move to india in the coming years- you are screwed! while they will have a huge market to replace china
---------- Post added at 01:50 AM ---------- Previous post was at 01:49 AM ----------
not another supposedly 'high IQ' clown from china!
only thing that matters when it comes to consumption is the rate of consumption, not the consumption rate as % of gdp.
learn the differnce and then come and talk kid.
china dont have a property bubble.