Personal Finance Questions and Answers

Indian rupee is 39 to 1$ if it raise is it good or bad in what sense the cost of living effect?




Answers: If the Dollar depreciates it affects the exporters if the Dollar appreciates it affects the Importers.

The Growth of INDIAN economy is not due to this foolish chidambaram. He is the one responsible for the stock market CRASHES. But he is unfit to be a Finance Minister.
well i just have a bit of idea on this topic

WELL IT IS THAT WHEN THE VALUE OF $ DROPS IT IS THE INDIAN MARKET WHICH GAINS IN ECONOMY!
IF UR LIVING IN MUMBAI U WILL INDEED UNDERSTAND WHAT I MEAN I.E. THE "BSE-BOMBAY STOCK EXCHANGE" IS NOW PRESENTLY UP FROM 7-8000 TO NOW PRESENT 23000!!
WELL THIS IS JUST BECAUZE OF THE NEW ECONOMY PUT UP BY THE FINANCIAL MINISTER"CHIDAMBARAM"!!

AND ANYWAYS EVEN IF WE ARE CONVERTING $ INTO RS THE VALUE OBTAINED WILL BE LESS AS COMPARED TO THAT OF EARLY WHILE CONVERTING IT FROM RS YO $ THEY ARE BENEFITED!!<?!<!


FOR MORE INFO SEARCH FOR IT AS THE TOPIC "VALUE OF $ AS COMPARED TO RS"

THANKS!!<<!?>!?
Not at all.
It means that our economy is becoming stronger.
Depreciation in the value of USD against Indian Rupees
is not going to affect the cost of living in India.
Our currency is Rupees and not US Dollars.

This may affect the dollar earners -
1) Exporters
2) Indian outsourcing companies
It’s a difficult time for Indian outsourcers

Importers will be benefitted

Around 1950 one USD was costing us Rs.3/-
in 1984 exchange rate was Rs.10/-
1984 onwards the dollar rate was rising. It touched
Rs.48.50 or so in 2004.

The cost of living in India has gone up due
to business incomes and salaries paid
to employees ( Govt and private)..

Loan from the boyfriend..?

I'm buying a new motor, because of credit i am not getting the best rate, boyfriend on 1.5 years is loaded but a tight-wad, and want to lend me the money to pay brass for my new vehicle. He is doing this on condition i pay him put a bet on, with interest of 5%, what he's getting at the ridge....what do you think.


Answers: Sure but as soon as you repay them late or doesn`t matter what your relationship is doomed. Keep finances out of friendships and love interests. If your credit sucks you may be stuck with what you hold or you may be able to jump to a real dune or credit union and ask to refinance the loan at a better rate than the one you own. Let the bf keep his money if you want to hold on to the relationship.
Do you plan on being beside him for 5 yrs? How long will this note be for?
I wouldn't do it...construct sure you want ties to him for a good spell of time.
I think one should never borrow money from kinfolk, friends, boyfriends or girlfriends. It changes the relationship because the borrower is other slave to the lender. It causes stiffness and problems. I wouldn't do it.
I think if you do this your boyfriend will conjecture that you "owe" him, and you will feel obligated to him. This will create hard mood between you two and will ultimately be the start of problems that will end your relationship.

Lending money among friends and family connections is the best way to verbs a good relationship.
I wouldn't do it. If your bf is charging you interest he is looking to fashion money not "help you out".

Sorry, but that's what it seem like to me.

I would NEVER charge my bf interest if he borrowed money from me, that's simply ridiculous.
Borrowing money from family circle and friends is the worse thing possible trust me.

I wouldnt reccomend it
Don't borrow money from friends. They stop person your friends and start being your master.

If you own the money to pay put a bet on the loan, then put the money contained by the bank instead.

And don't buy hot. A 3-year old sports car costs about partly as much, but you still get 5-8 dutiful years out of it.

Will i be luck??.?

i bank near hsbc.i only enjoy aself service card which means i can single draw money out from a hsbc atm, its a long story but i have doomed to failure credit.
i have recieved lb5000 heritace money and be wondering what the chances of me person upgraded to better facilities resembling a debit card?


Answers: I don’t see a problem of you getting a debit card. With a debit card, purchases are deducted directly from your sandbank account, which must hold enough money within it. As such, your credit worthiness will not be an issue for the bank. The convenience of making purchases near just a signature normally leaves one feeling great.

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