Gravitas: Rupee's historic plunge, breaches 80 against dollar

The Indian rupee breached 80 against the US dollar amid expectations of an aggressive rate hike by the US Federal Reserve. What explains the rupee's rapid depreciation? What does it mean for the average Indian citizen? Palki Sharma tells you.
#Gravitas #Rupee #Dollar
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[@aleenaprasannan2146]

All of this is just making me more and more convinced that we must absolutely be energy independent inorder to maintain a stable economy. Relying heavily on petroleum for energy when we severely lack petroleum deposits is the same as being at their mercy. Our immediate focus should be to upgrade our energy grid, invest heavily of large and small decentralized renewable energy projects and diversify the sources. We have to really prioritize R&D in Thorium extraction Th- nuclear power since we have considerable domestic deposits of it. Biogenic natural gas shouldn't be neglected either, we can do far better that just using it as cooking fuel if we can get out auto industry to co- operate and introduce more CNG engines compatible with biofuel. Simply banking on currency value still doesn't mean we would have even leverage to protect our economy

[@kavishwarmokal124]

Simply trade in cross currency with nation you do import-export rather than in US dollar, so there will not be pressure to keep US dollar forex reserve. This way reduce the importance of USD.

[@matthewmcclary7855]

Ummmm. You don't have oil. Good luck.

[@aleenaprasannan2146]

@@kavishwarmokal124 It would help insulate from dollar, but that doesn't mean our economy would be unaffected by anything else. It's not the printed paper currency that are actual geopolitical leverage, it's resources. If all our production and thereby the stability of our economy is too reliant on a resource that we are too deficient in, it means our economy will be at their mercy. Strengthening our currency is good, but that's not enough to sit back and relax

[@aleenaprasannan2146]

@@matthewmcclary7855 Umm? Sorry...could you elaborate?

[@adurpandya2742]

Watch Peter Zeihan. The mideast can’t ship oil to southeast asia and Japan/China unless India gets oil too. Also, the bay of Bengal likely has oil. Thorium will solve electricity needs and maybe public rail transport, but not car fuel. A green transition isn’t possible without Russia.

[@stapleman007]

9.1% US inflation? HAHAHAHAHAHA It's much higher than that. Government is cooking the numbers so much, they are charred black.

[@james6401]

They are charred blacker than my wife's bananabread

[@super-z8943]

Inflation might be misleading. I think only essential items are considered for calculating inflation. In India rated inflation might be 6-7% but non essential items like paints has seen over 200% price jump within the last year.

[@thisismyrealname2860]

@@super-z8943 very good point

[@philipgopal7594]

Staple you are right to the dot 😎

[@kavishwarmokal124]

@Shivam it's subject of economist.

[@BBKMotoLove221]

listening to nirmala's words during 2013, this gov is an epic failure

[@ricks.1318]

Recession is a GIVEN .... Already in the works here in the U.S. So, unless people TRULY stop spending money, things WILL get much WORSE !!!!!

[@meandi4437]

I have stopped my self, even with gas I put enough in to get to work. Food has been very tight but managing.

[@justyouraveragecupofjoe9812]

Indian rupee: "Economy sucks for we are at 80 rupees for the dollar" Iranian rial: "Hold my sanctions"

[@DilpreetSingh-sw3ei]

Why every Indian wants to compare themselves to the worst, suddenly at the time of crisis ?

[@AemondTomahawk]

@@DilpreetSingh-sw3ei then compare it with GBP ,EURO , YEN .. we have gained against them also It's A Joke Not A Dick Don't Take It So Hard

[@Buzz420]

@@AemondTomahawk my favorite quote 🍻

[@justyouraveragecupofjoe9812]

@@AemondTomahawk very subtle in your word choice I see, lol!

[@vibhutisrivastava2789]

@@AemondTomahawk sorry can't get it😅

[@janlanik2660]

As a European, I must say that Euro is screwed.

[@Saahilkarwani]

why though?

[@satvik4225]

@@Saahilkarwani see eur-inr conversion

[@porkysharma8423]

​@@Saahilkarwani Too much inflation, absence of fiscal control (raise in interest) from ECB's part to counter inflation, and high capital outflow.

[@warnasamika7940]

Good for the world... The best is Russia nuked Europe... The world become a better place...

[@avichalsharma3856]

Lol euro looks similar to bitcoin graph.

[@karthikm7063]

I was planning to buy a car. Better not to buy it now. What if I loose my job !.

[@topratedpastor7953]

After Independence Indian rupee was 3.31 against US dollar and in 1990 the ruling party made a historic decision to devaluation of indian rupee which resulted in 25.92 rupee against 1$ in 1992

[@nooffence7670]

Finally someone naming the real reason instead of blaming the world for Indias problems

[@tanyaroy2996]

Thought the last time it was 3.31 was 1948

[@GagandeepSingh-vi1um]

BJP alao did not help...rupee still decreasing as fast as ever...ache din aa gye bhai.

[@Aj-nq4fn]

Dude if you peg the rupee to dollars, we will not survive as a nation ...otherwise you should b an autarky like Russia

[@lesliecheung1478]

Like the way Palki glosses over India's economic problems then turn the table and focus on other countries. This is why Indians never acknowledge any criticism and struggle to progress as a country and as a human being.

[@abhishek.chakraborty]

Which is _much_ better than how much critical self-evaluation any of the Chinese media e.g. CGTN, Xinhua, Global Times, etc. have ever done for issues and policy blunders of Chinese govt. 🤔

[@outerspace8158]

@@abhishek.chakraborty still focus at other nations 😂 no limits

[@abhishek.chakraborty]

@@outerspace8158 unable to digest the unbiased comparison ? 😏

[@lesliecheung1478]

@@abhishek.chakraborty India's debt repayment of $267.7 billion is due before the end of the financial year, India has an increasing trade deficits, high inflation, energy crisis, high unemployment and now with the failing rupee...saying India has a major problem is an understatement, which is why Palki is glossing over India's problems.

[@aniruddhadebnath2028]

@@lesliecheung1478 Absolutely correct. You are arguing in vain however, average Indian IQ of the 10-20 cohort is about 85 most probably. it will take 6-8 decades more for Indian intelligence to catch up to global standards by the Flynn effect. Most Indians lack the ability for abstract thought and self reflection. That is hopefully going to change in the future though.

[@richardbroski2933]

Will wait for it to hit 150 INR to 1 USD, then I'll buy some rupees.

[@HumanBeingsRThinkingBeings]

Mind Begs the Question: If Govts strength - having Power over People If Peoples strength - keeping eye Power not Misused If Govt - Divide People on Religion,Caste Govt - Dividing,distracting Peoples strength,No?

[@Kur01T3nh1]

You know what an Economy is about? Demand and Supply. Oil and gas prices are very expensive because the suppliers are controlling their output to cash in more. So what happens when demand falls? Simple, they will control the supply so that prices remain high. As long as a country is reliant on other country's products, you are not in control, they are. It is best for a country to have a trade surplus that way your economy is protected against external factors.

[@outerspace8158]

Because EU oil and gas demands asking others places. Their rations their quota should from Russia. They even warned others buy from Russia and the stupidest US didn't produce much oil and gas anymore 🤦🏼‍♂️🤦🏼‍♂️🤦🏼‍♂️

[@Historyfolks]

hmm and our country is actually selling its assets to private companies

[@rashmi25209]

@@Historyfolks Because governement departments are corrupt and lazy af. They have ruined our country.

[@ChannelV88]

Oil companies are squeezing every dollar they can. They know they've hardly got 6-8yrs before the demand falls heavily due to the improved availability & affordability of EVs all around the World.

[@raking7]

@@Historyfolks so???

[@TheVisipac]

One thing to remember is that inflation isn't just a function of how much money people have, but the amount the populace is willing to pay for a service or good. After the 2 year, pandemic, there is a large pent up demand. From Travel, to goods, people are spending whatever they have. when it comes to gas and food, people don't have much of a choice which the Ukraine war has made worse.

[@thewebheadgt]

Yeah cut the bs

[@akatsukiitachi7]

@Anonymous Panacea their sanctions cause our increased imports?

[@jeonjungkook.8912]

@Anonymous Panacea yes

[@jvins69]

Russia didn’t have to invade but putin’it had the itch.

[@mukeshkumarshah3976]

@@jvins69 Let Mexico join Russia is an alliance and put their missile systems there, then see how USA reacts.

[@Jayhammer76]

The U.S. has handed out a lot of money to it's citizens the past 2 years (cash transfers), not sure that has worked out too well. Also, U.S. inflation is much higher than 9.1%, that's just what the government reports, any U.S. citizen can tell you it's much higher than that.

[@Alfred.E.Newman]

THE inflation rate is over 11.8 not 9 other commodities are higher dont let this useless government tell you diff, america flooded its citizens with cash stay at home and now inflation and soon there will be recession it is coming dont let anyone fool u it always follows idiots and we have a whole congress of them

[@danhtran6401]

You can be sure if US collapses, you'll be walking in the dark...going down the rivers to wash your cloths. Maybe that's a good thing because we have too many lazy people anyway.

[@elatomala1976]

They think were stupid!

[@Kznarf]

A lot of money? Like 1200 dollars? Lmao.

[@danhtran6401]

@@Kznarf 30 billion for infrastructure. 30 billion for student loan forgiveness. 30 billion for Ukraine. Taxing the rich and wealthy. President Biden has given more than an unfinished wall.....

[@graemegladman]

Love your Jacket Palki. The colour and buttoned cut with the black neck band is fantastic.

[@HumanBeingsRThinkingBeings]

Mind Begs the Question: If a PM/Govt Will only give Speeches,Monologues Will not give Answers Democracy,Dictatorship?

[@agrajyadav2951]

Dictatorship

[@unitycatalog]

In 2014 the currency of a country was tied to it's prestige what happened to that Lndbhkts? 🤣🤣🤣🤣

[@lopezov709]

Recession is a given at this point, on July 28 the Q2 gdp numbers are going to be reported and it's expected negative growth which it's considered a recession. The worry now is a depression. Good luck everyone.

[@elatomala1976]

They think were stupid. God bless protect and guide us from these Evil Demons as we walk through this valley of darkness I pray Amen

[@elatomala1976]

Good luck to you too

[@hemshah1567]

Rupee also became stronger against Euro and GBP by 15-20% but no one will report on that.

[@akshaypradeep5079]

Who cares about Euro and GBP. The payments are still in $. So that's what matters.

[@hemshah1567]

@@akshaypradeep5079 lol seems like you are living in different world. USD, Euro, GBP and Yen are the major reserve currencies.

[@noelbartley9933]

You Indians chat a lot about Russia and BRICS taking over but it is all talk

[@akshaypradeep5079]

@@hemshah1567 yep they are part of XDR but not a major currency or preffered currency for trade. India doesn't accept payment from Europe in Euro but in USD. it pays back in USD as well. So who cares anyway what Euro is doing.

[@hemshah1567]

@@akshaypradeep5079 please back your claims with reputed source

[@lonerider9970]

Backlash of sanction to Russia, this show how Russian fuel and gas were fighting inflation and preventing it. If only sanction is uplifted most countries will recover soon from inflation. Increase in fuel price causes increase in price of service and commodities.

[@ihmpall]

Maybe they shouldn’t have invaded pa jeet

[@maar2001]

If the west ignore Ukraines plight as they did with the plight of Iraq, Afghanistan, Libya, Yemen, Kashmir and Burma than there are 0 chances with recession. The only difference with Ukraine is that it is happening in European soil xD

[@ritiksinghrajput578]

@@ihmpall send your mother then

[@Asura463]

Its about time India should try to develop its manufacturing sector

[@oxygen759]

So where were you for these days?

[@Asura463]

@@oxygen759 i am just 22 now and i am not that brilliant as to manage a huge industry but i will support anyone who can develop India's manufacturing sector

[@oxygen759]

@@Asura463 u said ' its about time' , no , india should have developed it long back , not now

[@Asura463]

@@oxygen759 soo true bro but govt only in recent times i think in 2019 changed the tax to 15%. But to establish a factory you need so many unnecessary formalities and u need about 30% funds to feed these ministers.that should be changed. Believe me India will get wave of local manufacturing hubs

[@agrajyadav2951]

🤭😂

[@GeetaBapat]

I had two job offers one from India IT giant paying me bit less and second small scale company based on client and market from USA. I am glad I made right decision to go for IT giant on bit less salary.

[@jacksparrow7906]

Hii dude need some.guidance regarding IT job,help wilk be highly appreciated,if u r ok with it plzz ping me back,thnk u so mucj

[@nooffence7670]

You won't be for long

[@GeetaBapat]

@@nooffence7670 Why??

[@GeetaBapat]

@@jacksparrow7906 What question you have? I will try my best.

[@imti1112]

So u saying Indian company paying same as US ??

[@darbydunn2184]

The U.S. inflation is likely higher then 9.1% fuel has risen 60% this causes everything to rise.

[@nepalimana]

All countries should reduce oil demand using renewable or atomic energy and that will help to reduce overall cost of living.

[@adityajonnadula488]

it should go down even more, then only our people will learn. even farmer's working in the fields want iphone's and want to send their son to do MS in US. Sell your rupees to USD. it will be woth less.

[@senthilkumarc387]

Do you think farmers are beggers? how dare you say like this? People like you who working under corporates as a slavery using iphone. Why shouldn't I use? I'm not working under anybody as like you. I'm a boss for my work. Yes, we will send our next generations to US for higher education and we don't want them to be farmers anymore. If you want food you do farming and taste your food with your sweating then you know the pain of farmers.

[@adityajonnadula488]

@@senthilkumarc387 here comes the hero !! blaming farmers is not my point. the way indian people are obsessed with USA is my point.

[@anandthepilot]

Man .. looks like someone really isnt happy when a poor farmer aspires for the things that you have. May be they just need to go to bed hungry and stay poor forever.

[@adityajonnadula488]

@@anandthepilot Farmers don't need to sleep hungry. if your crop makes 30 bags per acre teach your son how to make 50 bags.That's how the nation will rise. its all written in our ancient texts about how everyone should follow their own varna. but today people are more focussed on how to show off being in Upper caste.

[@anandthepilot]

@@adityajonnadula488 Bro are you for real ? This is the problem with us Indians, we always think we know what is best for others. The farmer has every right to have an iphone if he wants to and every right to make his son study in the US if they want to. "everyone should follow their own varna" ? I mean seriously bruv, this isnt going to take us as a nation anywhere and I am so glad not everyone in our country thinks like this or else this nation would have gone to the dogs by now. Peace out man.

[@RAKBAKX]

BUT, the Depreciation of Indian Rupee against USD is 6.6% over last 12 months. Whereas, the basket of world’s top currencies have depreciated by 17% over the year against USD. So, Indian currency has APPRECIATED, and performed far better than developed world currencies over last 12 months. INR is a Survivor.

[@vighneshchavan9226]

That is okay, but we still have a huge trade deficit, which would burn our forex in the future

[@Fightback2023]

@@vighneshchavan9226 India has $620 billions USD in debt, only have $500 billion USD in foreign reserves. US just raised another 3 base point, would trigger more forex outflow. US is draining out India... And there is little you can do about it. Look at Sri Lanka as an example

[@noone7097]

@@Fightback2023 not for long. RBI has announced that trade will happen in Indian Rupee going forward. So any country that wants to trade with India will have to go to world bank, get Indian Rupees and then trade, this will lead to higher demand for rupees and thus stabilising the fall. Also, most trade blocs like brics will try to eliminate dollar and start trading in Local currencies.

[@noone7097]

In the end, US will lose, they are trying hard to rattle the economies, but they will fail. Also, Modi government would not like the situation to worsen further 2023 as elections are on the line, they will take some radical steps to counter dollar anyhow

[@Fightback2023]

@@noone7097 It won't help much unless everyone else especially the big players like China or US accept Rupee as tender payments. At the end of the day, India still needs to buy USD to close out the trade.

[@ranjitpuri2283]

I think her take on inflation and exchange rate relationship is not quite correct. The country with higher inflation would normally lose it’s forex value

[@antpoo]

Yes it is about interest rates. If interest rates are high, it effectively reduces supply of currency, thus increasing arbitrage demand for it compared to lower interest rate currencies.

[@ashokchoudhary3789]

Indian's political member's account in Swiss bank are also responsible for lowering of india rupee! 😅

[@antpoo]

@Kitty Cat I said it effectively reduces, which means it is the same effect. Interest rates are the cash rate. The price of cash, The less supply, the higher the rate. To keep things simple, if a central bank is going to buy bonds to reduce interest rates it needs to increase cash supply to do so, if it wants to sell bonds and raise interest rates it is like taking currency from the system. And of course it is relative to other currencies too.

[@manishkumarpandey9702]

@Kitty Cat you are scaring me 😐

[@manishkumarpandey9702]

@Kitty Cat when will this end ?

[@koukimonzta]

Excellent reporting!

[@shrikanthhavanur9633]

Very informative..thanks

[@florider3944]

We all need US dollar and we are independent countries?

[@sc1338]

The USD is the global currency

[@james6401]

@@sc1338 it is, because the US had a bunch of gold war industry payments after WWII and bamboozled the rest of the world into using its currency. J M Keynes wanted the "bancor" which represented a variety of currencies. The USD being world reserve has been unstable for the world economy and will be again unless an alternative or alternative system is found - see The Triffin Dilemma and the Dollar Milkshake theory.

[@porkysharma8423]

All currencies are tied to the USD since WW2, and largely tied to the USD post the 90s, when the US and its institutions, the UN, IMF and WB promoted the concept of market and monetary liberalisation.

[@agrajyadav2951]

@@porkysharma8423 including yuan

[@sigma-sigma1]

For us food especially wheat is not a problem, next to China, india is the 2nd largest producer of wheat in the world. Oil is a problem where we import most of it, if we import it in dollars our rupees goes down, then we should buy more oil from iran and Russia because these countries do not trade in dollars hence there is no outgo of any dollars, in these transaction and rupee also gets stabilized.

[@sigma-sigma1]

Yes we do not have to export food grains, but at the same time we do not have to import food grains for which valuable foreign exchange usually dollars which we do not have to spend.

[@zambianyoutuberx]

Am a Zambian KZbinr saying that this is very educational, the knowledge you have shared applies to all Countries in this World

[@sosipin2000]

So weird,,, Not blame China today 😋😜🤣

[@asingha94]

China export oil & gas?

[@lipun7568]

Next time Chindi

[@satyagun1]

You must remember in 80's, 90's, we didn't have so many vechiles in India, not so many electronic goods, not so many mobile phones and so on. When we import oil plus other goods rupee will fall and dollar will rise. People must understand this.

[@Valkyri3Z]

no country in modern world lives without importing. Cars are manufactured in India.

[@AKSImakesbeat]

What kind of logic is this 😂

[@Maolana_ModiG]

Time has come to live in jungle again like Nagas

[@mensahklutse8671]

very important question

[@brokensoulministries4534]

Bless the people.

[@roelsvideosandstuffs1513]

idk but I think we should consider exchanging currencies without the dollar especially to the top trading partners.

[@kavishwarmokal124]

Yes, that's right; cross currency trade should be preferred between import-exporting nations.

[@007h13]

The system is rigged

[@kennethfillmoreCoolCatKen]

I love your newscast some great information

[@petersimcox4745]

Well reported PALKI !!!.

[@kk-go9tn]

Low export

[@subramaniamchandrasekar1397]

Just kick all the rating agencies out of US control. World will recover automatically.

[@mariahewitt9787]

WEF members are everywhere, and not just in Government positions. AGENDA 2030 is speeding up.

[@virtualtreadmillwalknature1488]

Good information!

[@N17Reaper]

Ty for being honest.

[@SKM-xo4kl]

Well almost all the countries are going through the same dilemma and not only India's currency. My countries currency deeped more them 10% in past 2 mths against dollar.

[@mariahewitt9787]

Yep, everyone is effected by WEF.

[@UdayKalyan_undela]

People should limit their desires and work more on what is useful for atleast some time. Self Sufficiency is key

[@agrajyadav2951]

Being a bhakt be like:

[@jubairmolla8140]

Remocing modi is key

[@ManishaSharma-qh4vh]

धन्यवाद।

[@aneesh8963]

Its time to replace that damn dollar as the reserve currency

[@porkysharma8423]

Prepare for the US to bring "freedom and democracy" to India then. The West already controls your media and NGOs.

[@agrajyadav2951]

Go ahead lmao try

[@Cidanandas108]

Since Nixon declared that dollar required no more gold for backing, the world was hacked, with useless paper money! They hv huge karma!

[@agrajyadav2951]

True

[@homayuns2165]

This is what happens when you try to outsmart other people. Rupee's historic low and Rubble historic high which means not much cheap oil from Russia. India thought the war will only effect other countries but we are all connected to each other one way or the other.

[@raghz100]

Warped and biased comment. Nowhere is an expert who is dumb enough to predict war will not have global impact. Stop hate and promote love

[@homayuns2165]

@@raghz100 You mean promote love for Russia ? Stop hating America .

[@raghz100]

@@homayuns2165 you missed the point again. Don't love or hate anyone and war will impact all, it spares none.

[@homayuns2165]

@@raghz100 Mr. point man. Hate is a natural feeling that sometimes you can't control it. How can one love somebody who invade a country and is bombing civilians daily.

[@kulatejataujongana1027]

Rupee's falling is catastrophe to the poorest peoples ~ Hopefully it will rise in the upcoming weeks, but not positive as US is planning to make a rate hike

[@victorganguly1856]

40 Ruppes petrol tax taking India Govt...making 100 ruppes per liter petrol...Tax looting ..is making India poor and Rasist Govt Richer...not supporting ...Currency Ruppe

[@aniruddhadebnath2028]

It will probably fall further with further rate hikes of the American federal bank. India is a food sufficient nation though. It exports food to the rest of the world. So the fall in Indian rupee should not harm the rest of the population too hard. The fall of the rupee relative to the USD will only affect US-India trade, and hopefully make Indian exports more competitive.

[@porkysharma8423]

​@@aniruddhadebnath2028 You are correct. The Rupee and most currency around the world will weaken once the Fed raises their interest rates.

[@jackzhou4813]

@@porkysharma8423 The devaluation of the national currency means that assets shrink, and it is more difficult for the poor to survive.This means Americans can get quality products from your country at very cheap prices

[@porkysharma8423]

​@@jackzhou4813 And it has always been the case since its inception. The current Bretton Woods financial system is designed to serve the US only. Exporting the US inflation abroad. A reason to why the US is the only country that can have a negative trade deficit for decades and still doesn't collapse, and is the only one who technically can't "default". And if you look closely at how the system is set up, for a country to trade internationally, they first have to exchange their resources against a piece of paper printed by the US and then use that same piece of paper to buy US goods. This concept that foreign countries should always do the first step means the US will always have the leverage/resources first. And let us not talk about loans and interest. Print a few digit on a computer and you get back resources from those countries basically for free + an additional interest. No wonder many countries in the world are indebted to their neck as the IMF, WB, WEF and all sorts of Western financial institutions/organisations/NGOs promoted the debt driven economic growth theory and market, financial and monetary liberalisation since the fall of the USSR.

[@cheramanirumborai7181]

Very little exports and huge consumer products import!

[@dockerman711]

It not important Rupi shoud be on market.. All STRONG Economic countrys shoud be have oportunity to make bisnis..

[@pangetmedia4405]

Thank you for all of your hard work :)

[@soudhaminidevaraju9472]

It's her job.

[@vatsalaprsoni808]

Most currencies are in the same situation as the US has taken drastic steps by increasing interest rate by .75% and are preparing a further rise of 1%. This makes the US $ strong, the other currencies look weaker against this interest rate rise. India should increase the interest rate by at 0.5%. The consequencies are treatable. Other option is to trade in currencies other than the US $.

[@Moonlight-tr7gm]

Hands down, Palki you are the best news anchor from India.

[@toneunfriendly8476]

If you put "MORE MONEY" into the "ECONOMY" you "COULD TRIGGER INFLATION" - That "TRIGGER BEEN PULLED(shots fired)"

[@asingha94]

Facts

[@kuvceebxab1]

This lady, like always, is spot on. Thank you for such most educational material.

[@majidwaqar007waq2]

What a style to tell news very very Hard working news anchor

[@himanshukumar99]

Nirmala Tai literally one of the worst finance minister ever.

[@truesrilankan]

Rupee is falling because it's backed by Nothing. SAARC needs a new currency backed by Gold

[@saarza9991]

True. And i pray for SriLanka

[@Maolana_ModiG]

@@saarza9991 u dont need to pray for them. They killed 71000 tamilians in 2009

[@rajiburrahman8176]

If you are just making enemy not friend you can't do anything constructive. You can just fight war & decoy. No future for South Asia bcoz of Ind Pak war.

[@victorganguly1856]

40 Ruppes petrol tax taking India Govt...making 100 ruppes per liter petrol...Tax looting ..is making India poor and Rasist Govt Richer...not supporting ...Currency Ruppe

[@kenta6591]

Wow, can't wait for hitting century by the end of the year 😂😐, Modi and his terrific schemes

[@mohammedhamfaz2924]

I have been using her signal services, and nfts projects for over a year now, and I must say they are truly top notch dm

[@EBestLetterE5]

Damn I remember when euro was almost twice more than the dollar

[@csat2710]

India been financially independent in 1947. Now its been 75 years of independence , rupees performance frequently and rapidly falling. Inflation going on top recession knocking the doors and import are much higher than export and most worst thing is that for getting education has became too expensive for lower middle family they can't afford to educate their child . After all these things some people are wanting bullet train.

[@jimmylam9846]

Japanese yen is fallen to a point that India might have HSR for free if JY's value is = toilet papers.

[@bhadwamodi8294]

Modi ji's master strokes.

[@PSP-lr7ms]

Infrastructure Development will continue, I am paying tax for that😎

[@asingha94]

This is why you should never miss school. If 1 rs becomes 1 dollars, you wouldn't be even able to afford an underwear. Learn basics of economy first. Lack of infra, connectivity, digitisation are the reason we wasted so many years of development. Recent recession is due to war & Covid only. There's a thing called supply chain. India debt to GDP is in a very good position rn

[@copyninja1756]

are you really that stupid? how will India increase exports if there is no infrastructure to support development? Also, increasing dependence on railways will reduce consumption of fossil fuels which we have to import... electricity could be produced by solar, nuclear, and coal which we don't have to import.

[@6tong]

worse situation on the way...

[@AnkurSahotra]

A blessing 🙌

[@keithstevenvincent4818]

Yeahhhh very nice proud to be an indian

[@michaelli189]

PALKI , ARE YOU OKAY , YOU DID NOT BLAME CHINA FOR ONCE FOR THE RUPEE PLUNGE , ARE YOU WORRIED FOR YOUR JOB , DON T WORRY , YOU MIGHT NEVER KNOW , PRESIDENT XI MIGHT OFFER YOU A POSITION AT CGTN IN XINJIANG OR GALWAN VALLEY AS FULL TIME REAL REPORTER

[@shibanikonwar2981]

Chinese data is never trustable, that's why she might have left it. Anyways Chinese Govt does lots of manipulation with the GDP numbers and all, I believe that is why she left it. But still I don't think it is anyway doing anything great, look at the Henan case, and there were many more such news in 2021 as well.

[@michaelli189]

so Indian government are trustable , give me a break , what has Modi done for the people , besides screwing the farmers , and don t even get going on your train services , oh i am sorry , people have to climb up and sit on the roof for a ride . i rest my case

[@shibanikonwar2981]

The climbing picture is, I think edited because you can't travel like that people will get electrocuted. Definitely there have been times like flood and covid where people had to take such measures, but I still feel the picture was exaggerated and outsiders think like every day Indians travel like that 😂😂. Beside if you see what I have seen is that these kind of things mostly happens in populous countries and like in China it is very common during Chinese New year. And as far as farmer bill was concerned, it was a very good way of eliminating the middlemen and would have brought more benefit to farmers and consumers, but Many middlemen brainwashed the farmers and protested against it. Government tried to negotiate and change the rules as per farmers benefit but they just wanted to cancel the Bill. And as any democracy government had to do what the public wants even if it is not benefiting and the government took the bill back.

[@michaelli189]

wow you must live in a dream world , or Bollywood ( a make believe world ) you believe these pictures were edited , if you can find a picture chinese riding on top of the trains during lunar festivals , i would top my hat to you , speaking of farmers bill , 2 words > MUKESH AMBANI . i salute you for being patriotic @@shibanikonwar2981

[@shibanikonwar2981]

@@michaelli189 haha I can say the same, maybe you also live in a dream world. I never totally dismissed the picture, during flood kind of situation it might have happened. But it doesn't happen like you said everyday. I also travel by train and I have never faced such a situation. Secondly better than you we know the ground level story behind the farms bill, it is more than that. Thirdly I also salute you for being so LOYAL towards CCP even after so much of supression and exploitation of Uyghur people, complete lockdown for COVID and impacting the general livelihood of people.

[@lokesh9322]

Indian IT companies will more happy if rupee crossed 100

[@SM_short]

😂

[@petereagle4222]

I love you and I love your teachings it's above journalism I learn from you everyday

[@johnnybgood3909]

Love is a bit strong there Gupta

[@johnnybgood3909]

@Nihilistic Atheist i know, some are ranjeet

[@GauravDhandhukia]

यूरोप को पता था कि यह सब होगा अगर युद्ध हुआ तो फिर भी पता नहीं क्यों बढ़ चढ़ कर हिस्सा लिया!!

[@thestylishman2536]

Let, us fot forget that the Biggest payouts In The markets Don't Come From Great Performances But Rather It's Great Promotions. Stay Invested, diversification For Streams Of Income' is Very Important

[@Simoncharles991]

Starting early is the best way of getting ahead to build wealth

[@Nicholas-Richardson]

everyone need to start now no matter how small, this is literally the time for that, forget material things, don't realize later

[@kalsangkelly]

Rupees going global, huh? 😀😀😀 Soon Rupee will touch 100 against 1 dollar.

[@Kevin-fq3zh]

rupee is heading south at hypersonic speed

[@ramanujafarookantony5854]

Brilliant move by Modi 2014 1 $ = 59 Rs 2022 1 $ = 80 Rs Thank u Modi ji

[@victorganguly1856]

40 Ruppes petrol tax taking India Govt...making 100 ruppes per liter petrol...Tax looting ..is making India poor and Rasist Govt Richer...not supporting ...Currency Ruppe

[@raul9403]

@@ramanujafarookantony5854 1 dollar is 1 euro...even in this Modiji is responsible ? When u don't understand world poltics...u answer in such idiotic way...all currency against dollar are falling ...just do some research...don't apply pappu logic everywhere

[@masterelectronic8291]

Don't create panic. Look at positively export will be increase when your currency is cheap 🤣🤣

[@michaelscarlino4670]

Britain 🇬🇧 is giving £650 to each household on low income, that’s my beautiful country 👏👏

[@cathy285]

Britain should return looted money to the owners

[@agrajyadav2951]

Lol good luck with ur shrinking economy.

[@jdsood7101]

Even Thai currency has more value than Rupee.What a shame for 130 crores Indians..

[@meghanarora4136]

more loan for education from abroad now :(

[@normannabatar6260]

The way the currency market is dominated by Jewish Financial Institutions in Wall Street, all currencies will bow down to the mighty dollar. However, China's Silk Road may become promising as the sanctions against Russia has caused it to better its trade relations with China, West Asia, Africa and some Latin American nations. China can also dump American Treasury bonds it holds as collateral for the $1T the US owes it.

[@darshilshah3975]

Screw dollars,Now trade in Euro ,Yuan,Or crypto

[@vpowerization]

for all currencies falling there is ONLY ONE explanation : PRINTING !

[@leecheelek]

The only way out of this mess of strong USD causing high import prices but earning peanuts for exports and high inflation among emerging , developing and poor countries leading to stagflation or recession, is to peg back local currencies to GOLD even though it is priced in USD on the commodities market. People around the world will then realise, what is the real worth of each country's GDP, Currency, Debts etc. Right now even currencies are determined by the Forex markets players who determine what a country's currency is worth based on the stranglehold the USA have in creating perceptions of their real currency worth. It is a Fools world.

[@gokulnathan4563]

Well said

[@kavishwarmokal124]

USD is used as global currency and each and every country accumulating it as forex reserve is the main cause of demand in USD which leads to increase it's value, once USD lose global currency status, it's value will fall beyond imagination.

[@szrmarak5027]

Befor the end of the year it will reach 100 rupees for a dollar.

[@cimonkien9833]

this is a nightmare.

[@kagamitaiga7055]

That will be nightmare for student's imagine exchanging 1usa=100inr

[@katana_3558]

@@kagamitaiga7055 Most of them are rich don't worry

[@szrmarak5027]

KZbinrs content creators will be happy.... As there payment is in dollar.

[@abemda7146]

Great news

[@samuelmengistu2728]

While on the same hand local industry has got chance to have big market locally. Cause dollar is high tha consumer focus on LOCAL product .so INFLATION IN SAME MATTER BRINIHG GOOD OPPERTUNITY .

[@alexandermarcus2134]

Hello Mrs Susan the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy

[@patrickrobot5209]

Wow I'm just shock someone mentioned expert Mrs Susan , I thought I' m the only one trading with her

[@jasewesley5061]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Susan I think she is the best broker I ever seen

[@Agneschloe]

Thanks for introducing me to Mrs Susan

[@Agneschloe]

She helped me recover what I lost trying to trade my self

[@lawrencegabriel5294]

Yes I' m also a living testimony of expert Mrs Susan Mrs Susan has changed my financial status for the best.all thanks to my aunty who introduced her to me

[@Buttersausage]

The rupee is devalued:///

[@porkysharma8423]

You mean overvalued? That is why it is depreciating to get closer to its real value.

[@amalaa9752]

Which currency the labour cost

[@ultraali453]

People need to start spending time and money on productivity.

[@shauryavardhanm]

Mental barrier breached... Memes on the way 😂

[@hanfucolorful9656]

100

[@hanfucolorful9656]

100 in 2025

[@victorganguly1856]

40 Ruppes petrol tax taking India Govt...making 100 ruppes per liter petrol...Tax looting ..is making India poor and Rasist Govt Richer...not supporting ...Currency Ruppe

[@seamusoreilly804]

You should be more concerned about the Rupee-Ruble exchange rate since this is your preferred business partner.

[@kagemushatoyoda9505]

Economics is not exactly your strong suite .Right sir?.

[@phoenixbagri744]

For you kind info, we trade much more with USA than Russia.

[@JustAPokemonCommentingOnVideos]

USA is #1 trading partner with India

[@MWENDA-vv5im]

@@JustAPokemonCommentingOnVideos No. China is India's #1 trading partner. Do some research and enlighten yourself.

[@dom_toredo]

@@MWENDA-vv5im this year it changed. You look up.

[@merovingian688]

Counties will learn the hard way the need for energy independence. If you’re dependent on oil and natural gas but can’t produce enough, you best start diversifying your sources.

[@shuddodhansuryavanshi]

Because We vote on basis of other things than growth of country

[@frankysen168]

Shouldn't countries experiencing high inflation have their currency depreciated? Why has the USD currency strengthened and made the economies of developing and poor countries even more difficult? There is something wrong in the economic system that uses this dollar's performance.

[@kagamitaiga7055]

Petro dollar power + import and export is done on USD mostly by many countries thats how USD is in power no country will export you if you dont give them USD

[@frankysen168]

@@kagamitaiga7055 So the fact is there were never and no inflation in the US, because their citizen is going richer than us in term of currency for buying our goods. We'll suffering in the nextx few months according to the US economy policies.

[@kagamitaiga7055]

@@frankysen168 there will be inflation so does in developed countries it will affect there will affect more in developed countries also i heard usa is going to increase is rate keep and wait soon 1usd=100inr

[@nehajha7431]

@@frankysen168 things are changing though. Russia is accepting roubles and on request may be rupees. China will accept yen on request. But it will take time

[@abhijitlaskar430]

@@kagamitaiga7055 why countries just don't use their own currencies while trading for eg. India using Rupees China using Yuan Russia using Rubel or EU countries using Euros

[@TopperPenquin]

I think I should migrate to India

[@matthewmcclary7855]

What? On this Playlist is a video titled rupee is taking over the dollar. Figure it out please.

[@satvik4225]

Guys we do not have to see usd-inr, see euro to inr, it is lesser than 2014 and it was increasing heavily before 2014

[@GagandeepSingh-vi1um]

Europe is at war. We are not. We cannot compare INR to Eur.

[@nattyp7801]

The real recession will kick in,when the ordinary/working class citizens can’t afford basic(what happens when u INFLATE A BALLOON TO MUCH)goods to feed their families…everything going up,but our wages!!!

[@vachan7069]

Dollar is a joke, where printing dollar quantitative easing without any gold as collateral is true. Forex for economies, petro dollar is just keeping this 30Trial dollar debt ridden country. Countries will soon give up dollar for forex transaction, security deposits reserves. Islamic nations could dump USD before Europe & Latin America. Asia is in better position due to Yuan, INR as prefered forex over USD & Euro

[@metalboarn6174]

Petro argument is a red-herring. The U.S. economy (innovation, technology and global leadership) are the guarantor of the dollar. It's a fact, hate the U.S. or not. No need for gold.

[@horrnett]

n from today everything becomes more expensive as gst slab has been raised. ache din indeed.

[@swanepoel4714]

Palki’s red dress is so beautiful!