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INR making a Mark …

When I read history, it brings out lots of surprises. and often I forgot that I was part of the history.

It was month back when I watched the movie "NameSake". In one Particular scene, Irrfan Khan, the Hero says to her wife Tabu that, 1 USD is equal to aaat(8) rupee. I was surprised, because ever since my childhood, I have been watching news in DD , Sun Tv. Its for several years, the news programs stating that 1 USD rate would be in the range of 40 rupees. It makes me sad and I was asking lots of questions.


What happens to My country?

Why did they let it happen?

How can the Great Indians stand so careless?


There are lots of questions that poped in my Mind. I know that I can find the answer to those questions with great tools like google, wikipedia etc. I started searching the web. I found some interesting facts and figures from the History. I cant do anything but wonder. Sometimes it brings out pride in my Own India.

The First surprising point...
According to 1894 census in India, around 90% of population lives in Village.

I give my thought on those people who chose to live in village, inspite of the facilities being less.

  • Village is Safe, as those days, riots, loot, war would mainly affect the cities.


  • From the Madan's "Vandhargal Vendrargal", one can understand how its unsafe it is to live in city.


  • Village is always Cheap and Village is Self Sustaining.





The word self sustainance, is a key word that brings the real superiority of Village. A city cant live with out the support of village, but a Village can live on its own. I do think, its because of great villages surrounding delhi, that makes delhi to stand again after each and every failure in combat.

Now Lets see Simplistic Second Point...
After the Indo-Pak partition, Indian Coins were used in Pakistan and Indian Currencies are used by just overstamped with name Pakistan ...

Terrific third point..
With dollar being eight rupees in 1974, Indian currency slowly depreciated and in 2002.. it steadily reaches 48 ruppees..From there, India sets back to US.. and Today it is 40.25 Rupees, the lowest value in last fourteen years. Actually this is because of two reasons, lets see that in ... next two points...

Fantastic Fourth Point...
US Dollar has shown steady depreciation in its value. One of the Main reason for depreciation of US Dollar is Reserve Accumulation. Almost all Asian Countries do this process by which, they keep or accumulate US Dollar (that is earned as profit) before the money find its way into the country. Though It is loss to the Reserve bank, it seems like fetching the good fruits for country...

The Simply Fifth Point..
INR Appreciation. Thanks to Indian IT companies and BPOs. They have done a tremendous job in INR appreciation. Unfortunately they are the one who are affected by appreciating money. This brings out serious concern for IT companies, I believe that soon Indian IT companies would choose to work for the needs of our own country.

More Fascinating points yet to come..
Pegged Exchange Rate Vs Floating Exchange Rate....
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