Hear me out. India is a $3.1 trillion dollar economy today. But that's at Rs 82 to the US dollar exchange rate. *If* the rupee is able to strengthen to Rs 40 to a dollar -- which is what it was 20 years ago -- it would be a $6.2 trillion economy today and larger than Japan, thus becoming the 3rd largest economy in the world today instead of 10 years in the future! Thoughts? Yes I realize getting rupee to appreciate from 80->40 to the dollar is no mean feat, just thinking out load. TC 260K
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What happens when most of your team is Indian?
Lol 40Rs to dollar is not going to happen
It can happen in our dreams.
Then dream of making it 1rs to 40$
Your Manager should fire u
😎😎
Lamo 🤣
😁😁
Larendra Modi ?
If the rupee gets stronger, the cost of doing business in India will also go up. Meaning international companies will find even cheaper countries to work with and the volume of business will drop... Meaning the 6T economy will be hard to sustain. Leave the rupee alone and day dream about something else. I am just now beginning to send money back home to settle my debts. Don't want the rupee dropping anytime soon lol 😂
Yeah this I agree with completely, and we will see foreign companies start re-allocating headcount to other countries that are cheaper instead of hiring in India. So the weak rupee is a mixed blessing lol.
it’s not a blessing. India is a net importer in USD, not exporter. Falling rupee is bad for imports. There’s no one great solution here
Not as simple as you are thinking( ie rupee going from 80 -> 40). Indian dollar reserves are half a trillion+ among other foreign reserves. We also do have other types of reserves like gold, etc,. among other intangible assets.
Sure. It was all sunshine and rainbows before him right?
Modiji atleast brought India at global stage, we don’t get intimidated by bully countries now, the earlier government just was busy filling its pockets
With Godse and Savarkarji blessings we will get there
Seethe harder 😙
Kanhaiya kumar will tukde tukde the currency
Lol, no. If the rupee tripled, exports would decrease to almost nothing. That's not going to help the economy.
Not everyone understands that op is trolling
Ok ok