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Q.

This is only a hypothetical question raised only due to curiosity ------Suppose one day the Rupee ----US Dollar parity is equal then what will the Indians working in US do?

Asked by Good Citizen, 15 Jun '10 02:21 pm
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Answers (6)

 
1.

Hypothetical answer .. not only for NRI's but for US people also.... little extension of your hypothesis ..... 1 Rupee = 100 $ :)))
Place : IBM , USA
( one Americans and one NRI Talking)





Jignesh : Hi John, you didn't come yesterday to office?
...more
Answered by PARTHA PATHAK, 15 Jun '10 02:44 pm

 
  
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2.

Depends
if they still decide to stay on in us due to better standard of living
the dollar rupee conversion or stated parity is important to those who are in us visit recently, they try to convert every cost into rupee or for those who need to send money to india
those who are there for long years do not consider this aspect,they have better things to do and better aspects to consider if they wish to come back to india
Answered by anil garg, 13 Sep '10 09:10 pm

 
  
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3.

(1)It would not make any difference to those Indians who have made U.S.A. their home of permanent residence.

(2)However, it would affect adversely those Indians who work there on non permanent basis and who have dependents back at home in India. The exchange parity would take away the advantage of working in U.S.A. Their dependents would be hit hard. However, people may still prefer to work in U.S.A. rather than in India in view of the world class environment and quality of life. However, it does not mean that all would stay put there. Some would return to India.
Answered by Tony Fernandez, 15 Jun '10 04:21 pm

 
  
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4.

They will get adequate renumaration ..I think.
Answered by anantharaman, 15 Jun '10 03:15 pm

 
  
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5.

Indians working in the US are enjoying a better standard of living so they need not worry. The only people who have to worry are their relatives who depend on their remittances, the exporters and all our politicians who have stashed their ill gotton money in the Swiss banks.
Answered by manoj thakur, 15 Jun '10 02:58 pm

 
  
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6.

They will come back and dont want to be NRI
Answered by hitler, 15 Jun '10 02:22 pm

 
  
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