Dollar Value Devaluation

Thu May 24, 2007 1:26 am

Dollar value reduced in front of Indian Rupees. Now 1dollar=41Rs. Dollar devaluation also causes for reducing my income.

Therefore, I will want to discuss about dollar devaluation. Post your opinion.
sarpras
 
Posts: 61
Joined: Mon Apr 03, 2006 12:57 am

Thu May 24, 2007 2:12 am

I fondly remember the days when I received two Australian dollars for every US dollar.

But what's the point in such reminiscing? Instead, spend your time building your business and making it successful so that it doesn't matter what the currencies do. That's easier than trying to push the US dollar up.
AllanGardyne
Site Admin
 
Posts: 6299
Joined: Wed Jul 02, 2003 6:27 am
Location: Winter: Australia Summer: New Zealand

Sun Jun 03, 2007 6:33 am

Hi Sarpras,

The mighty dollar, just like any currency, will go up, down, round and round.

As Allan says, there ain?t nothing you and I can do about it :)

To take the sting out of it just a little, anything that you buy with dollars is costing you a little less.
Larry Chamberlain
 
Posts: 1192
Joined: Fri Aug 01, 2003 8:06 pm
Location: London, England

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