Finance, Forex and Investments
Dollar Value In Indian Currency Knowledge Base
today Dollar value in indian Currency? US Dollar Value in indian currency
What is the dollar value of Australia in Indian currency? Tell me about the post graduation in Australia.
i want to know what was us dollar value in indian currency on 23 august 2007.....(buying rate)? i wanna know the buying rate
what is the way to increase value of indian rupee aganist us dollar? if indian government is taking any step to make indian rupee value stronger in world currency market
I have taken 4 insurance policies for my family (4 members) with ALICO in the Gulf. We are indian nationals.? My concern is that with the drop of US Dollar value compared to our local currency - Indian Rupee, i fear that these policies value will be worth less than the cost incurred in paying the premium. Could anyone advice, if I should drop these policies? The plans are 2 Education Plans and 2 Life.-Thanks
How the value of curriencies calculated for differend country..1 pound=70 rs,1$=45rs....why so ? Why the pounds and dollars have higher value in indian currencies ...why not the same everywhere...?
Why are currency values not the same across the world? I have done my research on the Internet before coming here to place this question on Yahoo!. I have so far not had much progress in understanding why currency values vary. So, if you can, help me understand but keep your answers in the simplest of terms. I am from India and our currency, the Indian Rupee, stood at INR 45.00 vs USD 1.00 the last time I checked. Is this because India has borrowed a lot in US dollars? Or is it because Indian people are not rich enough? We currently pay about INR 57.00 per a liter of gas (petrol). If our currency value was the same as the dollar value, we would pay not more than INR 2 for the same. Our exports are cheap while our imports are far more expensive. I don't understand why Indian Rupee has such a low value in the international market.
what is the reason for the different money value for the currencies in every countries? How to increase the money value for Indian rupee? for example (1 rupee = 1 US dollar)
what determines how much of one country's currency, is worth in another country? For example, what determines how many Indian rupees u can get if u take a dollar to the exchange over there? Some yrs, its 9 or 10 rupees, but ever since I can remember, the amount has been thirty or higher. So what determines the value of currency from one country to the next? thanks for answering.
economics questions!!?!?!? on foreign currency exchange? 1. Suppose GDP increases more in India than it does in the United States. What is the short-run impact of this change in GDP on U.S. net exports, the value of the U.S. dollar, and the value of the Indian rupe? Net Exports / U.S. dollar / Indian rupe a.Increase / Appreciate / Depreciate b.Decrease / Appreciate / Depreciate c.Increase / Depreciate / Appreciate d.Decrease / Depreciate / Appreciate e.Increase / Depreciate / Depreciate 2. Which of the following is true concerning the international value of the United States dollar? a.It is determined by U.S. investors in the foreign exchange market. b.It is determined by foreign investors in the foreign exchange market. c.It is determined by foreign and U.S. investors in the foreign exchange market. d.It is determined by the federal government. e.It is determined by the foreign governments in the foreign exchange market. 3.Which of the following would cause the U.S. dollar (USD) to appreciate as compared to the euro? a.Interest rates in the United States decrease. b. American consumers prefer to buy European goods. c.European consumers boycott American goods. d.GDP in the European Union decreases. e.GDP in the European Union increases. 4.Suppose Europeans began purchasing real asets in the United States. How would this impact the foreign exchange market for the euro and the U.S. dollar price of the euro? Supply of euro / U.S. dollar Price of euro a.Increase / Increase b.Increase / Decrease c.Decrease / Increase d.Decrease / Decrease e.Decrease / Not Change 5.If the supply of the Aruban florin decreases relative to the U.S. dollar, then the a.U.S. dollar will appreciate. b.U.S. dollar will depreciate. c.quantity demanded of Aruban florins would increase. d. demand for the U.S. dollar would increase. e.Aruban florin will depreciate. 6. The U.S. dollar is currently trading for 1.10 Australian dollars (AUD) per dollar. If the exchange rate adjusts to 1 Australian dollar per 1 U.S. dollar then a.the AUD has depreciated. b.the U.S. dollar has appreciated. c.the U.S. dollar has depreciated. d.both the AUD and the U.S. dollar have appreciated. e.both the AUD and the U.S. dollar have depreciated.
cheap ipods...pls help..i really need it? where in india can i get cheap ipods?..and i need a website wich puts the price in indian currency..and pls tell me the value of 1 dollar in indian rupees or currency so dat i can convert the dollars in2 rupees 2 find the price...thank u
What happens when i buy stuff in dollars from amazon but my account has some other currency? Here's the deal, i want to buy some stuff from Amazon and get it shipped to india, now Amazon's Automatic Currency Converter doesn't support the Indian Rupee, so how much will i get charged once i checkout? The current currency exchange value? if not than how, i checked the FAQ and i guess it must've slipped by me, please answer quick, the thing i want may not remain in stock for long. And of course, Thank you!!
currency valuations!!? my question is if the economic turmoil surrounds USA what do speculate to the valuation of USD in comparison to the indian rupees. Will value of dollar going to be high. if i look at the condition of swiss francs its valuations are quiet high. please put your views over the same. thanks!
why are the values of currencies different for different countries? it is found that in each and every country in the world has its own currencies which have different rates.for example one US Dollar equals to 45 indian rupees approximately.how can one determine that? if one country ,claiming to be sovereign ,plans to revaluate its own currency and wants to make it equal with that of the US, is that possible? if one renegade state decides not to honour intrnational currency obligations, what is going to happen?
help with currency conversion? hello, i live in india and i have a debit card in INR (indian rupees). I have the value of money which i have to pay but the merchant where i have to pay online, only accepts currency in dollars and euros. is there any way to pay him? like any intermediate who will covert my rupees into dollars and then pay him? if he needs tax i can afford maximum of 10%. Please help me i am completely new with this stuff.
AP Economics Question? I really need help? 2. Balance of payments accounts record all of a country’s international transactions during a year. (a) Two major subaccounts in the balance of payments accounts are the current account and the capital account. In which of these subaccounts will each of the following transactions be recorded? (2 points) (i) A United States resident buys chocolate from Belgium. (ii) A United States manufacturer buys computer equipment from Japan. (b) How would an increase in the real income in the United States affect the United States current account balance? Explain. (2 points) (c) Using a correctly labeled graph of the foreign exchange market for the United States dollar, show how an increase in United States firms’ direct investment in India will affect the value of the United States dollar relative to the Indian currency (the rupee). (2 points)
Whether GOI is keeping Dollars as reserve fund with Central Bank of America? Its implications on Rupee value? RBI is keeping Gold as reserves for printing Indian currency. If India is keeping its surplus foreign currency in $ with USA then it is loosing its capital due to depreciation in value of $ vis-a-vis Rupee? Is India facing this situation? Why cann't India invest in purchase of other currencies which have a trend of appreciation in value? Raising CRR or reducing rate of interest on savings is not the right solution as it would result in financial crunch. and dishearten the domestic trade. Why cann't India use surplus foreign exchange to develop or procure items of Infrastructural support? Even if there is deficit financing or fiscial dificit, how is it adverse to our economic interest. USA is consistently using this method in its national economy. With Rupee going strong, why India is accelerating its policy of attaching no controls over valuation of currency when China is deliberately controling Yuan at under-rated value to serve its export policy and is trade surplus state.
dollar to rupee exchange rate and values? An Indian friend gave me 100 rupees a long while back as a gift, and it's been sitting in my wallet for a long time. I've grown curious: if I converted the bill to american currency, how much would that come out to, and roughly what can I get, i.e. what is the real economic value of 100 rupees in India? Could I buy a meal with it? A stick of gum? We're assuming I know how to haggle and I'm not a complete tool of a tourist. Also, since 1 million is a popular number, what could I do with 1 million rupees? Could I live for a year? Could I buy an exotic car? Can someone tell me the prices of various common things ... a car, a computer, a soft drink, a meal, a house, a notebook, a bicycle, a compact disk ... and anything you could think of.
Really having some difficulties with understanding Exchange Rates (Macroeconomics)? Hey everyone, I'm currently taking Macroeconomics and I absolutely love it, but now that we have moved into exchange rates I am having an extremely difficult time. The book does not expand upon it very well, and has almost no examples. Here are seven questions in the books mini quiz at the end of the chapter, I would really appreciate it if anyone could give explanations as to each answer so I can really understand the concept for future references to Exchange Rates. Thank you =] ----------------------------------- 1.Suppose that McDonalds Imports 78,000 lbs of meat from Spain. The company would pay for the meat with U.S. dollars. Euros. Spanish currency. Gold or silver. General African currency. 2.Which of the following is true in relation to the international value of a country with floating exchange rates? It is determined by countries investors in the foreign exchange market. It is determined by foreign investors in the foreign exchange market. It is determined by foreign and countries investors in the foreign exchange market. It is determined by the federal government. It is determined by the foreign governments in the foreign exchange market. 3.If actions of the Mexican government caused a shortage of domestic currency, then the Mexican government fixed the exchange rate above the market equilibrium and dollars per peso will tend to rise. below the market equilibrium and dollars per peso will tend to rise. below the market equilibrium and dollars per peso will tend to fall. above the market equilibrium and dollars per peso will tend to fall. below the market equilibrium and peso per dollars will tend to rise. 4.Suppose the CountryA and CountryB sign a free trade agreement. If real interest rates increase in the CountryA but not in CountryB, which of the following will be true of CountryB capital flow, exports, and the value of the CountryB real? (Capital Flow / Exports / Value of Real) Inflow / Increase / Depreciate. Inflow / Decrease / Appreciate. Outflow / Increase / Appreciate. Outflow / Decrease / Appreciate. Outflow / Increase / Depreciate. 5.Suppose Americans began purchasing real assets in Europe. How would this impact the foreign exchange market for the dollar and the euro price of the dollar? (Supply of dollar /Euro Price of dollar) Increase / Increase Increase / Decrease Decrease / Increase Decrease / Decrease Decrease / Not Change 6.The Euro is currently trading for 6 pesos per euro. If the exchange rate adjusts to 9 pesos per euro then the euro has depreciated. the euro has appreciated. the peso has appreciated. both the peso and the euro have appreciated. both the peso and the euro have depreciated. 7.Suppose GDP increases more in India than it does in Mexico. What is the short-run impact of this change in GDP on Mexican net exports, the value of the peso, and the value of the Indian rupee? (Net Exports / Mexican peso/ Indian rupee) Increase / Appreciate / Depreciate Decrease / Appreciate / Depreciate Increase / Depreciate / Appreciate Decrease / Depreciate / Appreciate Increase / Depreciate / Depreciate
Credit Card Online Usage? I want to buy an item online from the US. If I use a credit card (issued by an Indian bank) for this, will the amount equal to those US dollars in INR be taken (based on the transaction day currency value). Suppose if the amount is 100$, will they charge only ~4500K or more than that?
Question about money? my mom sent money to a friend that moved to india via western union, and when she looked at the paper she saw that the payout to her friend was 4,427 rupee. She asked me why they paid her 4400 rupee when we only sent 100 dollars, she was expecting 100 rupee (lol). I told her that was because Indian rupee is less valuable than the american dollar, so the exchange rate is 44.277 so it becomes 4427 rupee. This became a long discussion as to why they're money is worth less than ours. I told her that when prices in a country rise (such as housing, food, gas) the value of the countries currency depreciates, and when these prices drop, the value rises. Is this correct? i'm going to college in august and i just wanted to make sure i'm not an idiot
Why does my Python program close after the title screen? Here is my program below. It worked before I added the def command in, but I don't see what I've done wrong with it. The ASCII artwork for the word 'converter' and the blank raw_input that follows it make up the title screen, but whenever I run the program it just closes after I hit enter. Anyone know what's wrong? Also I apologize for the very basic use of the language, I'm only new :P Another note, when I pasted the program into Y Answers it lost all the indents, my apologies. import os print """ ( ____ \ ___ ) ( /|\ /| ____ \ ____ )__ __/ ____ \ ____ ) | ( \/ ( ) | \ ( | ) ( | ( \/ ( )| ) ( | ( \/ ( )| | | | | | | \ | | | | | (__ | (____)| | | | (__ | (____)| | | | | | | (\ \) | ( ) ) __) | __) | | | __) | __) | | | | | | | \ |\ \_/ /| ( | (\ ( | | | ( | (\ ( | (____/\ (___) | ) \ | \ / | (____/\ ) \ \__ | | | (____/\ ) \ \__ (_______/_______)/ )_) \_/ (_______// \__/ )_( (_______// \__/ """ raw_input("") #Main Menu os.system("cls") def main(): print "Type 'menu' at any time to return here." print "Type 'exit' to close the program." print """ ----------------- | Currency | | Mass | | Temperature | | Distance | | Angles | ----------------- """ print print "What will you be converting?" category=raw_input("Type in lower case. ") if category=="currency":#Currency print """ Type just the abbreviation in lower case. --------------------------- | AUD - Australian Dollar | | USD - US Dollar | | EUR - Euro | | GBP - British Pound | | INR - Indian Rupee | | CAD - Canadian Dollar | | JPY - Japanese Yen | | CNY - Chinese Yuan | --------------------------- """ curfrom=raw_input("From: ") curto=raw_input("To: ") curammount=int(raw_input("Amount: ")) if curfrom=="aud":#Conversion values curfromn=1.03780 if curto=="aud": curton==1.03780 if curfrom=="usd": curfromn==1 if curto=="usd": curton==1 if curfrom=="eur": curfromn==1.31582 if curto=="eur": curton==1.31582 if curfrom=="gbp": curfromn==1.58444 if curto=="gbp": curton==1.58444 if curfrom=="inr": curfromn==0.0195985 if curto=="inr": curton==0.0195985 if curfrom=="cad": curfromn==1.00484 if curto=="cad": curton==1.00484 if curfrom=="jpy": curfromn==0.0120931 if curto=="jpy": curton==0.01290931 if curfrom=="cny": curfromn==0.158694 if curto=="cny": curton==0.158694 if curfrom=="menu" or curto=="menu" or curammount=="menu": main() curconv=curfromn*curammount/curton print curammount, curfrom, "=", curconv, curto raw_input("test")
Whether GOI is keeping Dollars as reserve fund with Central Bank of America? Its implications on Rupee value? RBI is keeping Gold as reserves for printing Indian currency. If India is keeping its surplus foreign currency in $ with USA then it is loosing its capital due to depreciation in value of $ vis-a-vis Rupee? Is India facing this situation? Why cann't India invest in purchase of other currencies which have a trend of appreciation in value? Raising CRR or reducing rate of interest on savings is not the right solution as it would result in financial crunch. and dishearten the domestic trade. Why cann't India use surplus foreign exchange to develop or procure items of Infrastructural support? Even if there is deficit financing or fiscial dificit, how is it adverse to our economic interest. USA is consistently using this method in its national economy. With Rupee going strong, why India is accelerating its policy of attaching no controls over valuation of currency when China is deliberately controling Yuan at under-rated value to serve its export policy and is trade surplus state.
Economics help? Can anyone help me with any of these questions? Please! Ill rate best answer? 3. A marine biologist is planning to move from Sydney, Australia to San Francisco. She has $5,000 Australian dollars (AUD) to make the move. In the summer of 2006, the exchange rate of USD/AUD is 0.765, and the USD is rising against the AUD. If the rising dollar trend continues, and all other economic elements remain equal, will her AUD be worth more USD now or later? Explain. 4. A U.S. student studied abroad in Zürich, Switzerland. When he arrived in Zürich in January 2005, he exchanged $20,000 for Swiss francs when the exchange rate of USD/CHF was 1.15. When he left Zürich in January 2006, the exchange rate was 1.30. If he had started his year abroad in January 2006 instead of January 2005, would he have gotten more or fewer francs? What is the exact difference? (5 points) 5. The USD is rising quickly relative to the Indian rupee (INR). Will an Indian company that imports cars made in the United States find that car prices in INR will rise or fall? Explain. (5 points) 6. Considering what you’ve learned, how important is it to consider exchange rates when planning to travel to another country? Can anyone predict which currencies are likely to increase or decrease in value? Explain. (5 points)
What are the Major Reasons for High Inflation ( 55 %) in India ? Why is Rupee Undervalued vs US Dollar ? Reasons ======= Reasons : 1.Indian Economy is Criminally Mismanaged. 2.Government " Illegally" Prints Currency Notes to pay its Government employees their Big fat salaries ( which they dont deserve ) , their pensions , Gratuities ( all this money comes from Printing NOTES) Indirect Reasons ============ 3. Indian Political / Economic Climate is always volatile 4.Rupee Loses its value Every Six Months ( gets devalued in the International Market ) Comparisons ========== US Has not experienced an inflation in the last 50 years ( An Inflation of just 5 % in 55 Years ). US Economy / Economic Policies are very stable India Experienced almost 55 % inflation in the last 2 years .Inflation is because the economy is mismanaged - more currency is printed " Illegally" - which means Rupee loses its value - which means price Hike - Price Rise I paid Rs 40 Per litre of Petrol Last year ( 2009 - 2010) Today I am paying Rs 70 Per Litre of petrol ( 2010 -2011) Last year I purchased 1 Kg of Banana Chips for Rs 150 ( 2009 -2010) This Year I have purchased 1 kg Banana Chips for Rs 250 ( 2010 -2011) Why ? Because Rupee Loses its value each year substantially ( so gets Devalued in the Internatonal Market ) .So Price Hike --------------------------------------- Accordint to Indian Economists , this is due to high Growth Rate !! This is a Big Bullshit .
Is Indian economy really a growing economy? Ya its true that the value of Indian currency has raised against American dollar..... but I cant understand what value does a paper could have... its the product which has the value right? If the value of Indian currency has grown then the product purchased for 100 previously should be purchased for a lesser amount now? but that does not happen... The price of commodities goes on rising... What is the solution for this problem?
what is the most powerful international currency and why? like if it was the american dollar...why is it the most powerful? though i'm sure it's not. and for that matter what is the most powerful currency's value of the least valued currency? for example if it was a USD than 1 dollar would equal 50 indian ruppees.
What are the pros and cons if the value of Indian ruppee gets stronger than the US Dollar? i guess stronger means the difference between both the currency is low. right ?
how is the exchange rate of a currency determined i.e how do we determine the value of Rupee vs dollar? If the value of Muritian Rupee= 1.5 Indian Rupee, what does this mean. Also if we have so much poverty why cant we print more money.
What factors causes the currency flactuation? This question hit my mind recently when I saw a significant appreciation of Indian Rupee against US Dollar. And also please explain on what basis a value of any country's currency decided?
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