Is there any possibility to make $1= Re 1?

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Is there any possibility to make $1= Re 1?

how come its possible ,if so..?
when can it be executed in the forthcoming future ,if it is quite possible?

>>KiNg KhAn<<

HI FRIEND,
CURRENTLY $1 IS EQUAL TO RS.41.
BEFORE TWO YEARS IT WAS "$1=RS.50".....
IF THIS CONTINUES THEN WITHIN THE TIME-GAP OF TWENTY YEARS,1 INDIAN RUPEE UNIT WILL BE EQUAL TO $1 OR EVEN 1 DINAR(CURRENTLY 1 DINAR EQUALS RS.112).INDIA IS THE FASTEST DEVELOPING COUNTRY IN ASIA ALONG WITH CHINA.
ACTUALLY IT IS CHINA WHICH IS BIGGER THREAT TO INDIA THAN AMERICA IN FUTURE I.E AFTER 2020A.D.
ONE THING IS "WE ARE THE FUTURE OF INDIA AND OUR COLLECTIVE EFFORT ONLY WILL MAKE "$1=RE.1"

gopi m

its cant be said impossible, but yes just like impossible. it may happen only when india will be a super power and america become a poor country. lets dont hope for this too. hopoing for better our coutnry is good but for thinking bad for any other country is not good.

Shemit

may be once india becomes a super power after 20 years,.

helpaneed

Keep dreaming and trying hard.

Ho Jaoge Kamyaab Ek Din......

KRV

Yes, it is possible in three ways :
1 Reduce India's national dependence on dollar trade so much that nobody wants dollars any more. Its value will fall.

2 Enlarge our (India's) national exports so much (say 5% of global trade) that we have so many dollars that its value will fall.

3 Revalue the Indian Rupee through a finance bill !

sId

no but 41$ =1 rupees is surely there?

Balasubramaniam K

if oil bill fall to a nadir, exports are ok, other imports drop, we do a lot of barter trade and not bill everything in dollars, then it is possible. but that is a distant dream. [this is a classic economists dream] but may not be the way in the new world ORDER the major nations follow- slicing the world amongst them and partying hard

kishorevathana

Well, I will be more than willing to exchange your US dollar for 1 INR - if you consider it to be such a good deal. There you have it. $1 US = Re 1 !!!

shruti

it can be possible only when the ecnomic and financial condition of our country will be improved and then only
$1=re.1

toploser

yes.

mory k

yes in ur dream.......

acsman123

just draw level in your balansheet.

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