Re: 5%
by desi twist on May 18, 2012 01:01 PM
Nowhere in the article did it say per year. from 18 rs in 1990, it has gone to 54 Rs now, net increase of dollar value is 36 Rs or 200%.
Re: Going to perish soon...
by Saba Pathy on May 18, 2012 01:06 PM
Right..under cong, it is always price rise, inflation; historical info which they cannot deny
in the US u still have 1 cent in circulation but in india.. we are fast losing all smaller denominations thanks to our great economists .. where is 10p, 25p, 50p. gone.. vanished.. even 1re, 5rs.. will vanish.. thanks to inflation..
Re: Re: gfdgdg
by Arun Premraj on May 18, 2012 01:02 PM
that is a diff valuation.. u have to pay lakhs and millions of yen to buy stuff.. the issue is what u were getting for 10, 50 or 100 rs is changing too rapidly ..in the US prices stay stable for years and decades also
Corrupt people are increasing their buying power is increasing subsquently pricess are increasing becoz demond is more tahn supply. Other front population is increasing specially some community are breeding like d0ggg$$.
Re: Not worry
by BharatDesh on May 18, 2012 01:13 PM
we import more and export less that is why we are running a current account deficit. Please check facts.
Rupee has fallen 200% only in ex rate terms against what it was in 1990. Now 1990 had a fixed exchange rate policy. How can one compare that with current regime? It is not good to have too tight control over ex rate and let market decide it. Otherwise BOP crisis becomes imminent.
