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Q.

Why money is getting appreciated than US Doller in recent days?

Tags: money, recent days, us doller
Asked by santanu manna, 09 Apr '08 01:55 pm
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Answers (6)

 
1.

Thanks to the decline of the dollar relative to Euro, Sterling and the Yen, the real value of our 250+ billion dollars of forex reserves is also undergoing a decline, to the extent they are invested in dollar-denominated assets. The situation is a double-whammy for countries such as India, which have kept their forex assets invested mostly in US Treasury and not diversified, as China, Singapore and Taiwan have done.

The decline of the dollar has evoked much interest in financial circles around the world in recent weeks. This is particularly following the collapse of financial giants, such as Citibank, Merrill Lynch, Bear Stearns, which have taken huge hits on their bottom lines of billions of dollars and seen their CEOs quit, following the sub-prime mess. What is worse, the bankers are unable to say precisely what their losses have been.

The assets in which they have invested their funds have suddenly ceased to have a market since other banks are not keen on financing such insec ...more
Answered by Sumeet, 09 Apr '08 02:00 pm

 
  
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2.

Foreign Funds Outflow

It is the major concern of Indian economy now. Because of the global uncertainty and various economy crisis like Europe sovereign debt problem, US economy problem, etc leads to search for the safe heaven among the investors. They are quickly pulling out the money fro Indian market and investing in any other safe investments like Gold or US dollar.

Government Deficit is High

The government finances are in a bad shape and the combined central and state government deficit has stubbornly stayed around 10 per cent of GDP. It is high deficit and investors lost faith in the local economy.

Political Uncertainty and Corruption

This is one of the major factor for any country to stabilize the economy. In India, last one year we are seeing the series of corruptions and there is no good news from the ruling party (Congress) about the economic reforms and lot of agitation among the citizens including the veteran Gandhian Anna Hazares campaign of Fight ...more
Answered by anil garg, 03 Mar '12 10:32 am

 
  
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3.

Because of more supply of dollar ,value of dollar decreasing
Answered by raj verma, 13 Nov '10 01:38 pm

 
  
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4.

Last 10days doller rate comparsion
Answered by veeraiah linga, 21 Dec '09 04:50 pm

 
  
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5.

These days more & more people r getting into forex-trade.
FOREX-TRADING is worlds biggest market. it is $6 trillion.
U can also make big money in FOREX trade if u have real Heart of a TIGER
in FOREX-TRADE in few months.
FOREX-Trading is really exciting.
U can make 100% in a month.
But u can loose ur shirt also in one day.
So never trade without a guru.
Here is a very good website to teach u real intricacies.
srinidhi.forex (at) gmail (dot) com
http://bit.ly/3OR9HO
Answered by mini, 08 Sep '09 10:19 am

 
  
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6.

US economy is in shambles.Cant u c d sensex went down as a pack of cards-Kookie
Answered by Kookie sanyal, 09 Apr '08 02:00 pm

 
  
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