last few weeks i have seen.. USD is becoming more and more expensive while INR is going lower and lower..
(https://i.postimg.cc/c4gF4y6K/usd-vs-inr.jpg)
exchange rate will hit the psychological 50 mark anytime now... can someone put a light into this? how long before INR comes back up to 45-46 mark against the dollar, which has been the case since past 2 yrs??
USD will cross 50 mark compared to INR soon.
its happening because people in international market have suddenly withdrawn their investments from gold/silver and started buying USD.
thats why we see drop in gold/silver rates and hike in USD
(https://tipshealth.net/pictures/USD-money.jpg)
yes, that is true.. but i was wondering if there was an astrological aspect to it too.. it would be interesting to know..
wandering mind, wondering.. :)
jupiter's retro transit in aries has caused investors to pull back their investments from gold and invest in other commodity.
For this they found USD which is accepted everywhere in international market.
so gold went down and USD went up.
Again after jupiter goes direct around christmas, situation will become normal.
thanks nivedita.. u r kind.. now i have a feeling i have read such a post before.. i just forgot.. anyway, it makes sense too.. after the fiscal yr ends here, usd should probably come back down a bit..
market analysts predict that gold will increase again in few weeks within this year
Jupiter is the planet governing yellow metal and the planet Venus indicates ornaments. Till 09th January 2012, Venus will be placed either in quadrant (square position, i.e. 90 degrees from Jupiter) or in trine (triangle position, i.e. 120 degrees) with regards to Jupiter except for the first 3 weeks of November 2011.
The position of Jupiter and Venus in quadrant and trine position with respect to each other will lead to a rise in demand for gold during the Oct- Dec quarter and it will consequently result in more gold imports during this time.
The rupee weakened beyond the psychologically important 57 per dollar mark on Friday, hitting a record low for a second consecutive session, with traders seeing no signs of any RBI intervention yet.
At 11:55 a.m., the partially convertible rupee was at 57.03/57.05 per dollar, after hitting a record low at 57.04.
Broad gains in the dollar versus major currencies on the back of global risk aversion and weakness in domestic shares weighed on the rupee. Dollar buying from oil firms and gold importers added to the downward pressure, traders said.
Astrologically, rupee will not stablize until jupiter starts transiting on rohini constellation from 2nd july.
there\'s a strong speculation in market that in next 3 years, gold price will be tripled !
this is due to lesser production of gold and people in countries like india storing gold.
thats why many are investing in gold from this year instead of buying USD
so the fastest way to multiply your money is by investing in gold now
i guess USD raising compared to INR will stop within a week as Jupiter will be out of combustion and saturn will be direct.
but jupiter in 12th sign of india's moon sign (as soon as it entered gemini.. gold fell and dollar risen) will keep USD in higher 50s compared to INR till next year
I think Jup being 12th Lord is deonted for losses,
if it is combust, Ascendent should benificial.
Mer is Lord2, which is considerred to be wealth house.
but when Mer turn combust, INR appreciating.
USD from 61.25 mark it has fallen below 60 now.
Quote from: nangapunga on July 11, 2013, 10:02:32 AM
I think Jup being 12th Lord is deonted for losses,
if it is combust, Ascendent should benificial.
How is JUP 12th lord ? and when JUP was combust in june rupee started falling.
QuoteMer is Lord2, which is considerred to be wealth house.
but when Mer turn combust, INR appreciating.
USD from 61.25 mark it has fallen below 60 now.
how come a combust planet being 2nd lord helping wealth growth ?
check your statements.. you always tend to mix too many methods and issues
as of 15 aug 1947, delhi,
Natal chart showing 12th cusp at 28 Pisces 48.
Isnt Jup cusp lord for 12th ??
Regarding Mer combustion, I asked seniors to put some light. I am also puzzled.
I thought INR should depreciate if their wealth lord is combust but on the contrary it is appreceiating.
Indian Rupee crumbling against Dollar, 64.13 all time low...it will be lead to recession in our country. i request our beloved astrologers to thrlow some light on this issue. again when indian rupee can stabilize??
we've to wait till september 1st week atleast..
this month, it won't stabilize for sure
I hope it stays less than 70 until jupiter crosses gemini totally (in june 2014)
because, more it falls, more will prices increase in india
its only good for NRIs who wanna invest now in india on real estate
INR depreciating against the dollar has some positives though. It is helpful to india's exports and to the IT and BPO sector. Exports will become cheaper and will be competitive against exports from other countries. For the IT/BPO or other sectors earning revenues in dollar or pound or other foreign currency this will lead higher income (if contracts are negotiated in foreign currency). The sector will be able to absorb any increase in cost or increase in salary of the employees.
Depreciation of the rupee is due to 2 reasons. The short term reason is US putting a stop to its capital easing. Due to capital easing too much dollar was available with the finance institutions and consequently dollar had become cheaper against some currencies. This is more of a short term phenomena. The other major reason is the loss of faith in the Indian economy and government by the corporate sector. This is due to slowing growth, corruption, lack of clarity in govt policies etc.So companies and foreign institutions are pulling money out of india, creating more demand for dollar. Both the factors are not going to ease out in the next 6months. The faith and trust in Indian economy will not comeback till the time the current govt is in place and US is only going decrease its money supply leading to further depreciation. Rupee falling further is quite likely.
if you live in india, prices of imported items like gold, diamonds, petroleum products etc will increase.
others can be avoided for a while but oil prices will effect entire market and even food becomes expensive.
if you're outside india, this is best time to invest in india
If people start Investing in India esp in Real Estate, then an artificial boom(Boom arising not due to demand but by the fall of rupee) will escalate Real prices.This makes Rupee a bit strong(Dollar-to-Rupee Conversion),however it builds a hot balloon kind of situation wherein if NRIs want to sell it back all at ashot if rupee becomes stronger(As they can buy more dollars for rupee), we can expect a crash in Real estate and creates a panic situation and rupee Falls..I guess any one who invests in India with a Long term confidence and such investments will help the country to build robust economy rather than few feverish HNIs with their snobbish ideals invest then we are bound to witness such falls...For true strength of country domestic consumption should increase, which happens when Disposable income with Individuals increase which inturn happens when prices of Basic needs(Food,transport,power,medicare) stays stable..Its a cycle...In short for a stronger rupee we need to have Progressive Indian Economy and Volatile foreign Economy..will that situation arise in near future??
LEO SIR I WANT TO KNOW THE GOLD PRICE GOES UP AND DOWN SITE ON WHICH BASE ON LONDON DAILY STAR AND USD UP AND DOWN GOES IN INDIAN MARKET ON BASIC OF TWO CONTRYS CHART HOW VIEW UP AND DOWN IN BOTH GOLD AND USD OR ANY OTHER CURRIENCY
i think INR is slowly stabilizing once JUPITER entered its own constellation since past 8 days
Yes, INR is now below 65 compared to USD
I hope it remains there or even comes down to 60 while JUP transits gemini till june'14
as Saturn moved to Visakha, USD started rising again compared to INR.
JUPITER, which controls finance matters is retro now and i think USD will get close to 65 or even more soon
India's 2nd lord Mercury and Jupiter placed in 2nd house are Rx, aspecting each other.
So, expecting INR not to pickup atleast this month
INR can again fall compared to USD, between march-april 2014
Hi Star Dust, are you suggesting that INR will fall once Jupiter goes direct in Arudra from March 6 onwards ?
Does it coincide with a slide in the economy as well ? Well as per economy i think the India's growth and all would slow down and it might hurt the rupee and the stock market in April. Do you think a relative slowdown might hit India
regards
Shree
INR will fall further down from end of 2016.
Will cross 70 Rs per 1 USD in next 2-3 years
Quote from: Virinchi on January 22, 2016, 07:34:02 AM
INR will fall further down from end of 2016.
Will cross 70 Rs per 1 USD in next 2-3 years
+1
USD now 73+ INR in 2018
INR will always stay strong until June and after that the Government decisions make it tough to remain same