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SillyPenguin
Salesforce7mo
My rsu's value when I sell in $ 🤟🏻🤟🏻🤟🏻
BouncySushi
Stealth7mo
Nimmo Tai watching you 👀
SwirlyMochi
Salesforce7mo
It’s crazy, just experienced this haha
SnoozyJellybean
Microsoft7mo
One upside is that it has the potential to attract more foreign investment since the falling rupee makes the dollar investments cheaper. This can help boost exports ( probably in volume rather than value ).
But the net impact from the Indian perspective is mostly negative I think primarily because of expensive imports such as oil among other things.
DizzyPancake
PhonePe7mo
Think about what happens when foreign investors withdraw their money. The impact of depreciating rupee is overall negative for them
GoofyMochi
If you are an NRI it’s good. If you are local then the bar to become NRI is higher 😛
GroovyBoba
More people leaving india for the American dream of earning in dollars.
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