Re: [www.keralites.net] US Dollar Vs Indian Rupee Since 1947

 

Dear Raman,

Don't be too irresponsible posting such A post in this forum.

The devaluation of rupee was the highlight of liberalisation post 1991 . It brought us prosperity in the form of export earnings and market for Indian products abroad. It saved us from the precarious balance of payment situation to a billions worth dollar reserve. It made people like you worth living abroad for an attractive perks with a good rate of exchange. We the patriots cry over appreciation of rupee if you sent money home and call the leaders WB agents for the good deeds in economy. We admire the best model in a closed system with no democratic or economic freedom enjoying all benefits of a liberalised society in India. 

Ansar

Sent from my iPad

On 30-Apr-2013, at 9:58 PM, Raman K <kraman_4@yahoo.com> wrote:

 

The value of US $ from 1947 until today:

1 USD = 1.00 rupees in 1947

1 USD = 7.50 rupees in 1966

1 USD = 8.40 rupees in 1975

1 USD = 12.36 rupees in 1984

1 USD = 17.50 rupees in 1990

1 USD = 24.58 rupees in 1991

1 USD = 28.97 rupees in 1992

1 USD = 34.96 rupees in 1995

1 USD = 46.78 rupees in 2000

1 USD = 47.93 rupees in 2001

1 USD = 48.98 rupees in 2002

1 USD = 45.57 rupees in 2003

1 USD = 43.84 rupees in 2004

1 USD = 46.11 rupees in 2005

1 USD = 44.25 rupees in 2007

1 USD = 49.82 rupees in 2008

1 USD = 46.29 rupees in 2009

1 USD = 45.09 rupees in 2010

1 USD = 51.10 rupees in 2011

1 USD = 54.47 rupees in 2012

Manmohan World Bank's staff since 1991 and became

So far, more than 3 times the value of money

Weakness has come!

K

.Raman

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