Rupee Falls Below 68/$ To Become Asia’s Worst Performer In 2018

[AZADPAKISTAN2009]

https://www.bloombergquint.com/glob...ow-68-to-become-asias-worst-performer-in-2018

WORSE PERFORMING CURRENCY ​

The Indian rupee fell to its lowest level since January 2017, closing below the psychologically important mark of 68 against the U.S. dollar.

The currency remained volatile through the session as markets digested the outcome of the state elections in Karnataka, where the ruling Bharatiya Janata Party won enough seats to become the single largest party but fell short of winning a majority. The political scenario added to the existing concerns like higher oil prices and outflows from the debt markets, pushing the local unit lower.

The rupee fell to an intraday low of 68.14 against the dollar before closing at 68.11 - down 0.86 percent from its previous close of 67.52.

 

[RPK]

 

[AZADPAKISTAN2009]

What about this graph?

Blomberg big news agency

 

[RPK]

Blomberg big news agency

Bloomberg Quint is Indian news agency
https://en.wikipedia.org/wiki/BloombergQuint

why are you posting old news
May 15 2018,

 

[AZADPAKISTAN2009]

I don't think anyone thought India would be worse performer thats why last position

Isn't India big 3 in ICC cricket talks big about money well dead last

May be Modi should change currency again instead of 100 rupee ony circulate 2 rupee briliant strategist


All time spent taking pictures with girls and forgot to do his job

Jero performance, oh wait not JeRo

MINUS 6.3

Minus is Minus and Pozitive is Pozitive but JeRO is Jero NOThing

For Five years , we are seeing Bollywood circus , Thumka bazi , CHAI drinking and Huging left and right but end of the term PERFORMCE worse then JeRO

You know in School when you go to Exam , and you have to write a math exam , if you get all wrong answers , you get JeRo

But then if you go exam and start to write poetry in Math Exam you get -6.3 becasue the teacher says , you don't know Math / Statistics and now you made me read bad poetry

 

[Laozi]

I don't think anyone thought India would be worse performer thats why last position

Isn't India big 3 in ICC cricket talks big about money well dead last

May be Modi should change currency again instead of 100 rupee ony circulate 2 rupee briliant strategist


All time spent taking pictures with girls and forgot to do his job

Jero performance, oh wait not JeRo

MINUS 6.3

Minus is Minus and Pozitive is Pozitive but JeRO is Jero NOThing

For Five years , we are seeing Bollywood circus , Thumka bazi , CHAI drinking and Huging left and right but end of the term PERFORMCE worse then JeRO

you must be praying for Modi to get re-elected in 2019

just like we are praying that PML (N) should get re-elected next month

 

[Chhatrapati]

Old news. Anyway

NEW DELHI: India's exports are expected to record a growth of about 15-20 per cent and touch USD 350 billion in the current fiscal on account of a host of factors including rise in commodity prices, exporters body FIEO said today.

Federation of Indian Export Organisations (FIEO) President Ganesh Gupta said despite increasing global protectionism, the country's exports would continue to register healthy growth rates.

"Growth is looking promising this fiscal. Indian exports, which are hovering at around USD 300 billion, should show 15-20 per cent growth so as to reach USD 350 billion in this fiscal," he told reporters here.

He said the northward movement in petroleum and commodity prices and the recent depreciation of Indian rupee are supporting exports.

He also urged the government to provide fiscal and non-fiscal incentives to boost the shipments in both advanced and emerging markets.

Gupta also said that although exports have recorded growth in 2017-18, labour intensive sectors such as carpet and handicrafts have definitely dented the job creation opportunities.

"On a rough estimate, over USD 1 million exports create 100 jobs. Therefore, additional exports of USD 27 billion in 2017-18 should have created 2.7 million jobs in exports," he added. In 2017-18, exports stood at about USD 303 billion

https://economictimes.indiatimes.co...-bn-this-fiscal-fieo/articleshow/64370755.cms

 

[faithfulguy]

And Iran plans rupee for oil? Iran would be better off traiding oil for toilet paper instead of rupee.bas toilet papers has a use.

 

[Asian.Century]

India Rupee worst cause of devaluation by Modi Sarkar.

 

[Novice09]

67.07 current rate... old news...

7.7% gdp growth
https://economictimes.indiatimes.co...l-year-growth-at-6-7/articleshow/64401144.cms

 

[jetray]

Old news. Anyway

NEW DELHI: India's exports are expected to record a growth of about 15-20 per cent and touch USD 350 billion in the current fiscal on account of a host of factors including rise in commodity prices, exporters body FIEO said today.

Federation of Indian Export Organisations (FIEO) President Ganesh Gupta said despite increasing global protectionism, the country's exports would continue to register healthy growth rates.

"Growth is looking promising this fiscal. Indian exports, which are hovering at around USD 300 billion, should show 15-20 per cent growth so as to reach USD 350 billion in this fiscal," he told reporters here.

He said the northward movement in petroleum and commodity prices and the recent depreciation of Indian rupee are supporting exports.

He also urged the government to provide fiscal and non-fiscal incentives to boost the shipments in both advanced and emerging markets.

Gupta also said that although exports have recorded growth in 2017-18, labour intensive sectors such as carpet and handicrafts have definitely dented the job creation opportunities.

"On a rough estimate, over USD 1 million exports create 100 jobs. Therefore, additional exports of USD 27 billion in 2017-18 should have created 2.7 million jobs in exports," he added. In 2017-18, exports stood at about USD 303 billion

https://economictimes.indiatimes.co...-bn-this-fiscal-fieo/articleshow/64370755.cms

Exports rising by 15% is really a good news, we need to hit that $500 billion mark sooner.

 

[Chhatrapati]

And Iran plans rupee for oil? Iran would be better off traiding oil for toilet paper instead of rupee.bas toilet papers has a use.

Says a Pakistani whose currency is nearly half of INR.

 

[AZADPAKISTAN2009]

u know when Musharaf came to power , our rupee flew back to 1 Dollar = $55 ratio that is how fast our economy works

 

[Chhatrapati]

u know when Musharaf came to power , our rupee flew back to 1 Dollar = $55 ratio that is how fast our economy works

You're a funny man.

 

[AZADPAKISTAN2009]

Pakistani economy is like this car once the right man drives it it goes fast