Bazz that's a brilliant rate (for the Brits that is). But will it hold out until the new season (Going November for three weeks)?
I suppose if anyone knew the answer they would be extremely wealthy. Lol
..lorry a boy i have know for a long time,,he got a good job in some computer place,in goa, is saying ,the indian ecom in a big mess and the indian gov are going to,sort it out ,so the word,is he says by selling some stocks,and shares,in the next few months, and putting the rupes thay get back in to the ecom,and it will bring things back to norm,and it prob back to 80,ish rupes to the pound,,so,like said if anyone can get hold of the 91 to the pound,,do it,, he said to pay your room bill in add ,thats/ western union,ect,/ if u can trust the owner where u staying,lol,,,we no probs with gabrial,,and u save some cash, ps if yer looking tony get that room payed for lol,,byeEdited: 29 July 2013, 11:57
Dyble get yourself one of these cards, we are not going until January so no good for us.
Thanks for that Dragonfli it is looking like a worthwhile little venture at least you are guaranteeing the conversion rate for some of your spends.
Englandbazz, hope you boy is right, I stand to make a small return on rupees transferred here during the last few weeks, but think he is being over optimistic, selling off of government assetts like stocks and bonds normally causes a run. for a reverse in the quality of the rupee the Indian government needs to buy back some debit or overseas currency holdings which currently it has neither the political will to do, or the support in parliament to achieve.
For what its worth in my humble view, the rupee will remain low for the next few months, maybe even until the General Election, sometime between now and May 2014. Hence my reason to continue to transfer small amounts on a monthly basis over here.
Should the rupee recover, and exchange rates drop to 80 per pound, you can be certain prices here will rise immediately, as the locals are starting to bank on foreignors having extra rupees to spend, so sales should be enhanced by their spending and turnover very high, if the reverse happens and the rupee gains strength, then the cheap beer at the public bar as an example will go from 35 rupees to 40 rupees
IMHO..........Edited: 29 July 2013, 14:48
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