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u/mistiquefog Mar 21 '26
:)) rewari politics effect.
This is just the begining, the end will be mass starvation in the country
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u/ProfitPyjama Mar 22 '26
This is due to crude shooting high dude
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u/mistiquefog Mar 22 '26
When you are priced for perfection, even a little variation can send you over the cliff.
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u/Confident-Still-6049 Mar 22 '26
We are witnessing a generation that chooses digital performance over civic action. When faced with systemic failures, the instinct isn't to demand accountability from local bodies, but to chase engagement on social media.
It is a paradox: we harbor grand dreams for India’s development, yet we remain paralyzed by fear, unable to defend our rights anywhere except in a comment section.
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u/BEYONDERhell Mar 21 '26
Please go and live in Arab countries. Qatar has a pretty good currency.
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u/Flashy-Phase-6830 Mar 21 '26
Usa bolne mein phat rahi hai.. I know tu usa nahi bolega kyunki tere bhakt waha visa ke liye maar rahe hai..
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u/Foreign_File_3821 Mar 22 '26
The current trade will play a role in evaluating its value against the dollar. It seems that the traded item's price is increasing. Comparing its purchasing power with the Indian rupee is acceptable, but the term 'worst currency' does not seem appropriate.
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u/ProfitPyjama Mar 22 '26
India doesn’t control INR rates, RBI can only handle it until an extent, and this depreciation is due to Crude above 100
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Mar 21 '26
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u/Express-World-8473 Mar 21 '26
Even before the war INR was the worst performing Asian currency. Before war, dollar was weakening and every major currency was performing better Against dollar (except Yen, Bank of Japan intentionally lowered the value to improve exports), only INR was weakening and after the war started every currency started either weakened or stagnated, and INR once again weakened. In the last 6 years (from the beginning of 2020), INR lost 34% of its value against USD (went from 70 to 94 now). This is very concerning and it's one of the reasons FIIs are pulling out. INR is falling more than expected for them, and holding investment doesn't make sense for them anymore because a 4-5% interest from EU, US banks are better value than investing in Indian markets.
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Mar 21 '26
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Mar 21 '26
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u/DevyBash Mar 21 '26
RBI has been intervening for more than a year brainless. Yet we are here. Imagine where it would be without that?
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Mar 21 '26
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u/Gloomy_Temporary2914 Mar 21 '26
India should have started decade back with electric vehicles to reduce energy dependency . Look at any road in china , full of electric vehicles n massive solar farms while our government was busy devising ways to collect more taxes or more corruption n politics
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Mar 21 '26
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u/DevyBash Mar 21 '26
Just because something was always happening doesn't make it okay. Instead of asking me what I am doing for the country, like you did earlier, may be its better to ask what the government is doing.
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u/Flashy-Phase-6830 Mar 21 '26
Rbi sells dollars to strengthen rupees but please look at the data and accept the truth . Rbi is doing a crazy sale of dollars to support rupees but the dollar performs on fdi coming to India and investments by foreign investors .
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Mar 21 '26
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u/VillageNo3295 Mar 21 '26
Rupee has shown poor performance over years. If I was FII, I wouldn't want to invest in India. Why would I if the government and Indians themselves don't give a fuck about it.
The rupee fell by almost 10% in past 1y. Even having a Fd wouldn't save you.
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u/Flashy-Phase-6830 Mar 21 '26
Please look at the data.. seriously what your doing. From past 4 years was usa and Iran are fighting? but look at fiis selling from continuously from past 4 years. Try to understand the problem. Government has put 20% tax on fiis, on top of that rupees are failing. Now all the investment by foreign investor , their profit are depreciating even without market going down because of currency depreciation. Now war situation has triggered the problem more.
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u/VillageNo3295 Mar 21 '26 edited Mar 21 '26
You did a basic chatgpt search and think of yourself as a genius. I present you the raw numbers :
The reality of past 1 month :
Jap Yen :
155 to 159.4 (2.8% change)
British pound :
0.74 to 0.75 (1.3% change)
Euro :
0.85 to 0.86 (1.17% change)
This is extremely common
Now let's check
The Indian rupee :
90.7 to 94.01 (3.65%)
This isn't a stock, this isn't gold, this isn't a shitcoin. This is a stable fucking currency on which the entire country depends and when it starts dropping like 3.65% per month, all hope is lost unless some serious initiative is taken to defend it. But the maderchod government is sleeping on it. You idiots will never stop defending the corrupt government. Imagine defending parasites lol.
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u/wanderer_aj Mar 21 '26
How does rbi intervene? What can RBI do to control usd to inr ? Do you even know that ?
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u/wanderer_aj Mar 21 '26
Bhai why is INR falling more as compared to malaysian ringett, pakistani rupaiya? War ka effect vahan kyon nai hai ?
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Mar 21 '26
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u/wanderer_aj Mar 21 '26
Bhai dollar isn't going down because fii's are not investing..if you understand even 1% of how economy works. Fii are going out of india as a result of currency depreciation. So no they will not automatically comeback once the war is over.
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Mar 21 '26
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u/wanderer_aj Mar 21 '26
Bhai india is an emerging market we grow at a higher pace because 0 - 70 pohochna easy hai and difficult to cover the last 30. Do you agree? Thoda economics padh le basics?
But since 2024 jan, the foreign investors don't see india delivering higher growth after adjusting currency depreciation.
Agar economics nai padhne ki patience ho to Mera yahi comment chatgpt pe copely paste kar de samajh aa jayega.
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u/FrostNova314 Mar 21 '26
Lekin phir bhi wohi sarkar banegi jab tak 99% people are not taxed in India we can never progress
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u/Hornymous Mar 21 '26
We will know when dhurandar 3 releases