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Wednesday, July 17, 2013

Ruppes blood bath infront of American dollar

Rupee against the dollar in the first trading day of the week has seen vigorous weakness. 74 rupee's sharp fall against the U.S. dollar today with money open at 60.96 which is the lowest level ever of Rs. Last week the rupee against the dollar closed at 60.22. Further to a level of 61-62 rupee against the dollar is expected to break even.

Expensive to study abroad

Dollar expensive to study abroad and now has become too expensive. After so many parents have postponed plans to send their children abroad. However, they are caught whose children are studying there already. Ludhiana a family troubled by this time is to reach $ 60 bucks. Admission Abhiraj Singh Sra family, his son had been in Canada's Carleton University. They are to be deposited $ 35,000 in the first week of July. But the rupee has weakened and now must facilitate additional Rs 2 lakh. So they're planning to send your son is next Semester. Whose children are studying abroad in advance so they have no choice. Arrange them from somewhere and then have to fill in their children's school fees. Money exchangers are upset that they converted into rupees to the dollar.

Tab, laptop, smartphone, everything will be expensive

Due to weakening rupee computer, tablet, mobile and laptop is expensive to buy. HCL Infosystems, a tablet, laptop and computer prices have increased by 8-10 per cent. The new rates will apply from 1 July. On the other hand, HP and Lenovo in the next few weeks, 5-10 per cent of their products may be costly.

Expensive raw materials imported from weak rupee

Exporters have become a major concern for the weak rupee. Because of the weak rupee is expensive imported raw materials. Exporters from foreign buyers because of the cheap rs are seeking substantial discounts. Exporters are facing a global recession is already longer have difficulty in maintaining their client. The loss of money due to lucrative overseas buyers are finding that the Indian exporter. So buyers started pressuring him to have undercut. Exporters are in a dilemma as to what she orders at a price book. Ask the exporter immediately dollars cash. But the challenge now faced is too expensive to buy raw materials. So as soon as the government and the RBI to take concrete steps to stop the decline of Rs.

Travel abroad will cost

Also because of the weak rupee is expensive to study abroad or go for a walk. Would increase the cost of raw materials for industry and foreign debt would be too expensive. Because of the weak rupee has been steadily increasing trade deficit. Decreases the risk rating of the country, which is a matter of concern for the government.


Finance Minister tension came to a steep fall in the rupee

Finance Minister P. Chidambaram record fall in rupee against the dollar today after meeting with ministry officials to discuss the situation Virms. U.S. Fed Reserve Chairman Ben Bernanke's statement that the U.S. economy is expected to improve more. This poses dollar against other world is holding firmly. In response, a drastic decrease in Bavo crore and Rs 60 per dollar reached across it. Mr Chidambaram said officials considered the situation arising from the degradation of rupees have Virms.


Weak rupee damage your kitchen budget

I rupee weakness may lead to budget your kitchen, because cooking oil are expensive. Not here, not a change in import duty traded companies in this sector is also bad. Good rains, bumper yields of oil seeds and edible oils record prices of imported edible oils These fundamentals are enough to topple, but the reality is something else. Fundamentals of weakness in the rupee, all these have become ineffective. The situation is that, despite falling prices in the international market are becoming expensive edible oil in the domestic market. Not only domestic consumer of edible oils industry too bad. Increasing demand for edible oils in the country. Despite this, many companies have had to lower their production capacity.

The expensive exotic fruits

It includes fruit from abroad. 8 per cent in the past month rupee weakened, but prices of imported fruits have increased by 10-20 per cent. For the last month imported fruits customers have taken their pockets too loose. Much of this money is weak. Due to the weak rupee has been a substantial increase in the prices of imported fruits. Fruits due to high customer now are forced to change their choice. Litchi, guava, kiwi, grapes and apples from abroad these days  Malta is imported. A month ago, the U.S. Apple had sold his price from Rs 160 per kg to Rs 180 now has reached. Apple in China increased from Rs 140 to Rs 160 per kg is being sold. Kiwi prices have increased 20 per cent.

Rupee symbol is a serious defect in

Indian rupee this predicament is to give every man his argument. A view of the market as an ill-informed on the money is a different argument.has been used. R letter icon at the top of the vertical bars represent two parallel lines tricolor. The country is a symbol of the desire to reduce economic equality. They also said the rupee against the dollar today fell significantly. The reason why. If the central government wants the finance ministry and the central bank can solve this problem by them.







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