Indians now 40% poorer in last 9 years
One $ against Indian rupee
26-05-2014 = Rs 58.62
05-07-2023 = Rs 82.03
Rupee has lost 39.93% of its value, which means your Rs 100 in bank in 2014 is now Rs 60
What actions is the Government taking to stop this slide because in global terms Indians are just falling down.
We can be happy stock market si going up but only 3% are in the stock market. more
26-05-2014 = Rs 58.62
05-07-2023 = Rs 82.03
Rupee has lost 39.93% of its value, which means your Rs 100 in bank in 2014 is now Rs 60
What actions is the Government taking to stop this slide because in global terms Indians are just falling down.
We can be happy stock market si going up but only 3% are in the stock market. more
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USD escalation is going on for at least last 50 years. As such around 10% inflation is there in India. If some one wants to plan for future, you have to consider these factors. Thus it is becoming very difficult for Non Pensioner Senior Citizens to plan for their old age after Retirement. In normal case it is 30 years i.e. up to 90 years of age. more
Jul 19
Meaningless comparison! You should have told whether you and your family have become richer during this period or not ! Your family income in 2014 and as of now should have also been furnished. What was the brand of your car in 2014 and the brand of the car you presently own! That would make a perfect way to find out as to whether you have become poorer or richer! more
Jul 08
Can you please enlighten if other currencies are stronger in the past 9 years except Indian Rupee which you say has weakened Regards *Eashwar Prasad BAdvocate and Legal Consultant* *#415, Grand Majestic Mall and Commercial Centre, * *Gandhinagar, * *Bengaluru-5600098310039482-9241135525-9448690314* On Wed, Jul 5, 2023 at 5:03â¯PM Ruchika L Maheshwari < support@localcirclesmail.com> wrote: > more
Jul 08
Forget the $ comparison. However, in real terms savings have generally declined over the last few years. The price rises have become scary and dont know what is in store as we go forward. Everything is getting pricier and value for money has steeply declined. Why 40% - I think the real decline is probably a lot more. more
Jul 07
why do you compare rupee with dollar ? are you buying in dollars ? or are you living with dollars. export goods to 3 different contries and compare with those currency? more
Jul 07
