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Rupee hits new all-time low of 70.32, plunges 43 paise against USD

  •   Thu, Aug 16 2018 11:15:20 AM

Mumbai, Aug 16(PTI): Rupee hit fresh record low of 70.32 against the US dollar in the opening trade on Thursday, reported news agency PTI.

On Tuesday, the rupee breached the psychological 70-mark and plunged to a fresh all time low of 70.10 in the intra-day trading, before settling at 69.90 before the close.

On Wednesday, Union Minister Arun Jaitley said India has comfortable foreign exchange reserves to deal with any undue volatility in the currency market and developments are being closely monitored.

On Wednesday, the Indian markets were closed on account of Independence Day.
  

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  • Raj, Mangalore

    Fri, Aug 17 2018

    Rupee is as worthless as Modi/BJP's promises.

    DisAgree Agree [3] Reply Report Abuse

  • Dr.S.Kamath, Mumbai

    Thu, Aug 16 2018

    Whatever it be much better than the Dhongee Congee Govt
    Because during Dhongee Congee it slided from 48 to 63
    But now from 62 it has just touched 70 much better

    DisAgree [14] Agree [1] Reply Report Abuse

  • shashi, Manglore

    Thu, Aug 16 2018

    NRI's will be happy if BJP wins in 2019 election.because they know Economy will not improve under BJP Govt & they will benefit from remitance.

    DisAgree [3] Agree [8] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Thu, Aug 16 2018

    WHYTHE CHAAIWAALA CANNOT OPEN HIS MOUTH NOW FOR THE DEVALUED RUPEE.

    HAS HE, THE BJP AND THE BLAH, BLAH, RSS GONE MUTE WITH FAKE AND JHOOT IN THE RUPEE VALUE GOING DOWN AND DOWN....???!!!

    I quote from PTI Updated: Aug 24, 2013, 15:31 IST

    What the Chaaiwaala uttered while he was a Chief Minister of Gujarat.

    RAJKOT: Gujarat chief Minister Narendra Modi on Saturday continued his tirade against Prime Minister Manmohan Singh over the falling rupee, saying both he and the domestic currency have turned 'mute'.

    "There was a time when Indian rupee was making lots of noise. But today it has lost its voice. And similarly we are unable to hear the voice of our Prime Minister. Both have turned mute," he said here in Saurashtra region.
    Unquote.

    THIS RSS CHAAIWAALA MAN IS INCOMPETENT RULER LIKE MOHAMMED BIN THUGLAQ.

    DisAgree Agree [11] Reply Report Abuse

  • Aubb, India / Kuwait

    Thu, Aug 16 2018

    Chaiwala can't talk, busy eating Mirchi Pukora.

    DisAgree Agree [8] Reply Report Abuse

  • Haneef, West Africa

    Thu, Aug 16 2018

    Next feku achievement will be 💯 USD = 1 neerulli Goni rupees!
    And 1 tempo load rupees = full 🚗 tank petrol
    And you will see andh bhakhts crying on bullock cart .

    DisAgree [1] Agree [8] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Thu, Aug 16 2018

    I quote from PTI Updated: Aug 24, 2013, 15:31 IST

    What the Chaaiwaala uttered while he was a Chief Minister of Gujarat.

    WHY HE CANNOT OPEN HIS MOUTH NOW FOR THE DEVALUED RUPEE.
    HAS HE, THE BJP AND THE BLAH, BLAH, RSS GONE MUTE WITH FAKE AND JHOOT???!!!

    RAJKOT: Gujarat chief Minister Narendra Modi on Saturday continued his tirade against Prime Minister Manmohan Singh over the falling rupee, saying both he and the domestic currency have turned 'mute'.

    "There was a time when Indian rupee was making lots of noise. But today it has lost its voice. And similarly we are unable to hear the voice of our Prime Minister. Both have turned mute," he said here in Saurashtra region.

    THIS RSS CHAAIWAALA MAN IS INCOMPETENT RULER LIKE MOHAMMED BIN THUGLAQ.

    DisAgree [1] Agree [6] Reply Report Abuse

  • Valerian D'Souza, Udupi/Mumbai

    Thu, Aug 16 2018

    Rupee's all-time low of 70.32against Dollar is TRUE MIRROR/REFLECTION of our Economy !
    We don't need any other certification or hollow speeches to fool public!
    We have to pay more Rupees for Imports, for Dollars and all foreign currencies.
    Foreign Investors will take home more money in return for their Investments. WEALTH DRAIN!
    Our goods will become even more cheaper to foreigners!
    LET'S RECOLLECT, OUR GREAT PROPHETS PROPHESIES, WHO HAVE PROPHESIED
    THAT IF MODI GOVT COME TO POWER, DOLLAR WILL TOUCH AS LOW AS RS.40/ $ .
    AN EYE OPENER FOR US TO RECOGNISE TRUE & FALSE PROPHETS!
    THEY ARE POLITICAL & VESTED INTERESTS PROPHETS!

    DisAgree Agree [14] Reply Report Abuse

  • Nasir, Bajpe

    Thu, Aug 16 2018

    Where is Nalin Kumar now

    DisAgree Agree [12] Reply Report Abuse

  • N.M, Mangalore

    Thu, Aug 16 2018

    'Benki Nalin' has gone to buy Kerosene oil and Matchbox.

    DisAgree Agree [11] Reply Report Abuse

  • Roshan, Mangaluru

    Thu, Aug 16 2018

    For any Indian having any faith in Modi led BJP Govt., this must be an eye opener, to open their minds, where the country is heading to. Economy, foreign policy is in absolute mess, while corruption and crime is getting very much legalized in the name of religion.

    Amit Shah when unfurling the Indian Flag yesterday, it went down instead of up. Mother India, has its own ways to tell the people, but alas, blind bhakts have a loyalty to serve.

    DisAgree Agree [12] Reply Report Abuse

  • Critic, Mangaluru

    Thu, Aug 16 2018

    Along with chaiwala getting cheaper and cheaper..

    DisAgree Agree [10] Reply Report Abuse

  • francis lobo, Mangalore

    Thu, Aug 16 2018

    The Govt said yesterday that Rs 80/ $ is also not a problem . Waiting to see the days when oil goes back to $120/ barrel so that more Indians get employment in the oil rich countries. May be we require Maun Mohan Singh that time

    DisAgree Agree [8] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Thu, Aug 16 2018

    This is what the difference is when a Economist Like Dr Manmohan Singh runs a country or Mr Modi ruins the country 😂

    DisAgree Agree [14] Reply Report Abuse

  • Ivar, Mangalore

    Thu, Aug 16 2018

    Whatever, it may be, you were so happy o hear the news. You were laughing all the way to money exchange centers yesterday!!

    DisAgree [10] Agree [2] Reply Report Abuse

  • Alan, Mangalore/U.S.A

    Thu, Aug 16 2018

    Ivar, true that, Just as happy as you were then in 2013 , when Feku promised the sky , and you were gleefully rubbing your hands after Feku, promised you 15 lakhs in your A/C . Unfortunately , we all believed the bluffer and how have we faltered , What a disaster. There is more of the devastation to follow. The empty hollow speeches will come to haunt us all.

    DisAgree Agree [6] Reply Report Abuse

  • prem, moodbidri

    Thu, Aug 16 2018

    Appoint Subramanya Swamy as RBI Governer & make 'No 1 MP', Naleen Kateel as Finance Minister to put Indian economy of Fast track!

    DisAgree Agree [9] Reply Report Abuse

  • Hussain, Abu Dhabi

    Thu, Aug 16 2018

    NaMo NaMo

    Bhaiyoooon behnoooo...Ache din aaye ki nahi aaye????? Zara zor se bolo !!!!!

    DisAgree Agree [12] Reply Report Abuse

  • Peter L, Udupi

    Thu, Aug 16 2018

    How many dollars I can get for my 2 old cows?

    DisAgree [1] Agree [21] Reply Report Abuse

  • El En Tea, Mumbai

    Thu, Aug 16 2018

    Hei Bhagwan kya Oh Raha hei
    Indian Rupee lower down
    But Economy is strong
    Kaun Bhartiyanko ullu Bana Raha hei.

    DisAgree [1] Agree [18] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Aug 16 2018

    Fekuke aur bar bar fekhke ZABARDAST chunna lag gaya.

    DisAgree Agree [6] Reply Report Abuse

  • N.M, Mangalore

    Thu, Aug 16 2018

    Sushma Swaraj on 30th Aug 2013 said "The Rupee has lost its value. The Prime Minister has lost his grace."

    Now, these same words have come back to haunt her.

    DisAgree [3] Agree [33] Reply Report Abuse

  • geoffrey, hat hill

    Thu, Aug 16 2018

    Well, in this case it's a bit different as far as 'grace' is concerned. One needs to have it in the first place, to lose it.

    DisAgree [1] Agree [10] Reply Report Abuse

  • G R PRABHUJI, Mangalore

    Thu, Aug 16 2018

    Long back when Congress was ruling, RBI gave 18 to 21 % interest to NRI s on deposits and now again then more on exchange rate. They are lucky.

    DisAgree [1] Agree [18] Reply Report Abuse

  • imran khalid, Udupi

    Thu, Aug 16 2018

    Dear All Indians,

    Stop comparing Indian rupees to Dollar bcz we can't, so now we fight with Sri Lankan currency it's easy..lol

    DisAgree [1] Agree [12] Reply Report Abuse

  • Smile, Mlore

    Thu, Aug 16 2018

    1 USD = 110 Japanese YEN
    Japan is worlds 2nd largest economy; then why its YEN is so devalued against Dollar?
    can anyone explain?

    DisAgree [22] Agree [3] Reply Report Abuse

  • Mango, Mlore

    Thu, Aug 16 2018

    Well the question is valid here,
    why people hitting disagree button ?

    DisAgree [3] Agree [5] Reply Report Abuse

  • Ben Mathias, Shirva/USA

    Thu, Aug 16 2018

    Mr. Smile, Mlore
    First Japan is not worlds 2nd largest economy; It is China.
    Second currency exchange rate between Japan and USA is set by Japan Government and not floating or fluctuating like worthless Indian Rupee.
    Third even with decades long economic down turn in Japan the quality of life is above USA or any other developed country.
    Fourth Japan earns more Dollars or foreign currency comparing to any other nation on earth with quality exports.
    Fifth Japan citizens are real Nationalists and do not rob the banks/Government and do not export national wealth abroad. export only good products and earn foreign currency/Dollars
    Japan does not export its Citizens like India to earn foreign currency, it export quality products

    DisAgree [2] Agree [22] Reply Report Abuse

  • Deepak, MANGALURU

    Thu, Aug 16 2018

    Buddivantarige Mathra... This will help to reduce import value and increase exports. Indian products are now cheaper. Our company now focusing on buying items from India as its cheaper than Chinese prices and better quality.

    DisAgree [10] Agree [4] Reply Report Abuse

  • Alan, Mangalore/U.S.A

    Thu, Aug 16 2018

    Deepak, Go back to school again.. pity you

    DisAgree Agree [4] Reply Report Abuse

  • Jembar Bappu, BAJPE

    Thu, Aug 16 2018

    Whenever rupee weakens , i remeber Nalins classic words "Within couple of months One dollar will become Rs. 15/-.

    Where is the person having chest of 56 inch? What he has to say on falling rupee value, rising oil prices, mob lynching, minor rapes?

    DisAgree [1] Agree [22] Reply Report Abuse

  • abu mohammed, KSA Mangaluru

    Thu, Aug 16 2018

    NO, he said 1 Rs will fetch 15 dollars, watch it in youtube, he is a most illiterate MP at least from South India.

    DisAgree Agree [12] Reply Report Abuse

  • Ranganath Nayak, Belman Karla

    Thu, Aug 16 2018

    Bakths, please listen to my friend’s speech before coming to power. It’s free to listen.

    https://m.youtube.com/watch?v=C1tWy9macg0

    DisAgree [2] Agree [11] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Aug 16 2018

    Mr. 56 please don't come back if you are Abroad ...

    DisAgree [2] Agree [29] Reply Report Abuse

  • Krishna Dasa, Udupi,.

    Thu, Aug 16 2018

    Time to get a visa to Developed country & sell everything including holly cow and move all Black and white money to Developed country.

    DisAgree Agree [18] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Aug 16 2018

    1st time in 70 years rupee value 4 a $ 70 rupees. 1st time in 70 years record number of soldiers died in da kargil war.

    DisAgree [3] Agree [21] Reply Report Abuse

  • Krishna Dasa, Udupi,.

    Thu, Aug 16 2018

    International crud oil price will go up to it's 2014 Level and it will force Rupee value to one hundred rupees to a Dollars and will make Indian currency paper expensive. It will make currency shortage.

    Best time to withdrow Ruppes from Banks and convert in to Dollars and send it to safe haven in developed countries like Swizerland, USA & Europe. God Bless Indians with Dollars and Gold

    DisAgree [2] Agree [27] Reply Report Abuse

  • mohan, Mangalore

    Thu, Aug 16 2018

    Best time to change dollar into rupees...

    DisAgree [8] Agree [5] Reply Report Abuse

  • cyril mathias, udupi

    Thu, Aug 16 2018

    There is no full time finance Minister and the one who is in charge knows not about economy, the Dollar is going up like the gas from the gutter.

    DisAgree [1] Agree [26] Reply Report Abuse

  • mohan, Mangalore

    Thu, Aug 16 2018

    Though RBI increased 0.25 interest rate.... it doesn't helped rupee fall.....
    And government least bother about money fall..... and still share market holding high on what basis.....now if share market crashed rupee again fall ....
    This BJP spend billiions in share market to hold rupee fall..... and it's very very dangerous to nation..

    DisAgree [1] Agree [24] Reply Report Abuse

  • Lionel Dsouza, Mangalore

    Thu, Aug 16 2018

    NALIN SAID 1$=15 INR
    SWAMY SAID 1$=1 INR
    MODI SAID ACHE DIN
    ALL 3 ARE MISSING
    2019 IS COMING

    DisAgree [3] Agree [39] Reply Report Abuse

  • PINTO, Mangalore

    Thu, Aug 16 2018

    Bhaktas are saying Pakistani Rupee is more than hundred so we are better than Pakistan..

    DisAgree [2] Agree [26] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Aug 16 2018

    in 2014 chaiwala criticised rupee value. 2day bhakts hail. chaiwala budping 24x7 rail.

    DisAgree [1] Agree [19] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Aug 16 2018

    in da chaiwala admin. rail & rupee value derail.

    DisAgree [1] Agree [14] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Aug 16 2018

    Even grand mega bakths happy Sri Lanka rs value also less stronger than Indian rs.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Aug 16 2018

    If we do agriculture better than any trading.

    DisAgree [1] Agree [7] Reply Report Abuse

  • macho, MANGALORE

    Thu, Aug 16 2018

    The present GOVT is projecting all wrong data in the media, for how long you can do this, there is a saying " YOU CANNOT FOOL ALL THE PEOPEL ALL THE TIME"

    To show GDP higher they have changed the criteria of GDP calculation , if they follow UPA time criteria our GDP is less than 4%.

    The Fekuism is not for LONG, The ground reality you can check only thru middle class people who slogs to eat 3 times meal, and make the full families ends meet.

    This govt is busy in COW protection , lynching, painting saffron, changing names of roads, ports, railway stations, changing the books, poking inside the functioning of minority-christian-muslim institutions....... only talk on cow, beaf , triple talaq.........

    They don't have time for thinking/implementing on development.

    see our PUMPWELL, flyover a live example, our MP is busy is putting fire in DK and hatred politics.

    DisAgree [1] Agree [25] Reply Report Abuse

  • macho, MANGALORE

    Thu, Aug 16 2018

    If chaiwala and his cowdung oriented team is governing, this is what we should expect.

    Bhakths are still bhakhths , our fate

    DisAgree [2] Agree [37] Reply Report Abuse

  • Raghavendra M K, Mumbai Maharashtra

    Thu, Aug 16 2018

    Is modi listening the dollar/rupee rate indicates our declining economy. A lawyer turned FM is boosting we are safe since foreign reverse is comfortable. but once i the oil price hike in international market then this foreign reserve fund is not comfortable for balance of payments.

    DisAgree [1] Agree [31] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Thu, Aug 16 2018

    India is really undergoing a financial disaster as our money becomes cheaper to USD

    DisAgree [2] Agree [32] Reply Report Abuse

  • JAYESH.S., KARKALA

    Thu, Aug 16 2018

    NRI'S ARE HAPPY..

    DisAgree [9] Agree [3] Reply Report Abuse

  • Praveen, Mangalore

    Thu, Aug 16 2018

    How Happy Dear????

    cost of living is increasing in India due to fall in rupee value..Yes they may get more Rs but goods &services rate is also increasing same time in India...Ultimately NRI's are spending money in India only...

    so NRI may think for them its beneficial but Actual its not..... if knw some economics & financial info you may understand it...

    Any way our Economic is controlled by Modi & Sha...all other ministers are helpless and most illiterate cabinate we have in center

    DisAgree Agree [17] Reply Report Abuse

  • JAYESH.S., KARKALA

    Thu, Aug 16 2018

    MOST OF NRI'S ALREADY SETTLED DOWN IN ABROAD FROM LONG ALONG WITH FAMILY MEMBERS. ONCE IN TEN YEARS ARE VISITING INDIA...VISITING VELANKANI CHURCH OR ATUR CHURCH OR GO TO SIGHT SEEING TAJ MAHAL.OR DO SAFARI. AS NOW A DAYS RATE OF PROPERTIES COME DOWN..WILL BUY IT AND KEEP FOR FUTURE.
    ALL OF SUDDEN NRI'S BECOME MILLIONAIRE..OTHERWISE IT WILL TOOK TEN MORE YEARS...IF SAME EXCHANGE RATE PREVAILS. MOST OF THE COMMODITIES NOW IN INDIA ARE CHEAP AND IN PLENTY AVAILABLE. ONLY RATE OF PETROL IS HIGH...IS DUE TO WANTS TO PAY DEBT DONE BY EARLIER CONGRESS GOVERNMENT.

    DisAgree [28] Agree [2] Report Abuse

  • geoffrey, hat hill

    Thu, Aug 16 2018

    Rupee value has overtaken Feku's age, now it's after Subbu Swamy I guess, prophet who had promised the nation that it would be 45 a $ if BJP came to power.

    DisAgree [1] Agree [22] Reply Report Abuse

  • PINTO, Mangalore

    Thu, Aug 16 2018

    Soon it will over take Advaniji's age..

    DisAgree Agree [14] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Aug 16 2018

    bhakts hail & chaiwala budping rail. 1st time in 70 years rupee value @ da lowest.

    DisAgree [1] Agree [21] Reply Report Abuse

  • Charles D'Mello, Pangala

    Thu, Aug 16 2018

    Where are the guys who predicted, if MODI comes to power Rupee will 40 to one dollar....?????

    DisAgree [1] Agree [24] Reply Report Abuse

  • JAYESH.S., KARKALA

    Thu, Aug 16 2018

    WHY YOU ARE FALL INTO RUMOUR NEWS. JUST READ NAGPUR GENUINE NEWS ALWAYS.

    DisAgree [14] Agree [3] Reply Report Abuse


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Title: Rupee hits new all-time low of 70.32, plunges 43 paise against USD



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