(De)Valuation of Indian Rupee

fiberguy · Jun 20, 2013

Rupee hits all-time low of 60; will act when necessary, govt says - The Times of India
I think they want to bring back black money in $ and euros and convert them to rupee for the elections in 2014. Congress gotta make a lotta people happy!

Sushubh · Jun 20, 2013

I am happy no doubt.

fiberguy · Jun 20, 2013

chromaniac said:
I am happy no doubt.

I meant to make people happy by darru chicken and stuff!

Sushubh · Jun 20, 2013

And I meant that I do not mind a stronger dollar personally.

ashish · Jun 20, 2013

all the electronic items have already seen a hike & more will will be hiked in the coming weeks.
LG has already effected an hike across segments, Sony is also planning to do.
http://timesofindia.indiatimes.com/business/india-business/LG-hikes-prices-as-Re-fall-raises-costs/articleshow/20657593.cms

Sushubh · Jun 20, 2013

Assuming all of these phones are manufactured in USA, not sure why.

fiberguy · Jun 20, 2013

chromaniac said:
Assuming all of these phones are manufactured in USA, not sure why.

Aren't they made in China?

ashish · Jun 20, 2013

fiberguy · Jun 20, 2013

chromaniac said:
And I meant that I do not mind a stronger dollar personally.

Why?

Sushubh · Jun 20, 2013

because i make most of my money in dollars?