1 USD= NRs. 85.51, Headed to Rs. 90 !

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Tick Tock, Tick Tock Exchange Rate for 15 December, 2011 Exchange Rates Fixed by Nepal Rastra Bank Currency Unit Buying/Rs. Selling/Rs. Indian Rupee 100 160 160.15 Open Market Exchange Rates (For the purpose of Nepal Rastra Bank) Currency Unit Buying/Rs. Selling/Rs. U.S. dollar 1 85.51 86.11 European euro 1 111.57 112.36 UK pound sterling 1 132.69 133.62 Swiss franc 1 90.47 91.11 Australian dollar 1 85.69 86.30 Canadian dollar 1 82.65 83.23 Singapore dollar 1 65.51 65.97 Japanese yen 10 10.97 11.05 Chinese renminbi (Yuan) 1 13.42 13.52

guy_tensed · Dec 14, 2011 3:04 PM · 40,822 views

33 Replies

 It should go upto 100.

IT_Guy · Dec 14, 2011 5:03 PM

jati mathi gayo uti ramro!!:p

alece · Dec 14, 2011 6:02 PM

lol, murkha haru, inflation nabujheka haru.. makkha chan.. :D 

bittertruth · Dec 14, 2011 7:28 PM

kantipur patrika Rs. 4 bata Rs. 10 pugi sakyo, golbheda Rs. 15 bata Rs 90-Rs100 pugi sakyo, one US dollar barabaar Rs 84 hos ko Rs 100, kura ustai ustai huna aaucha..

bittertruth · Dec 14, 2011 7:30 PM

"Jati mathi gayo uti ramro" ? Mitra Inflation bhanne kura ek choti kitab paltayera hera Most of the goods are imported from other countries. Our currency is becoming less valued compared to dollar. That means we have nepalese has be pay more and more for everything. This is very sad news for Nepal indeed!!

ihateamerica · Dec 14, 2011 9:16 PM

Is should go down cause I know people who have a lot of money in Nepali bank

NepaliMoss · Dec 14, 2011 9:18 PM

damn!!! jaatha haru timi haru laii matra inflation thaha cha ra!! haami chahi ke jumla bata jhareko jasto lagyo kii k ho ??? hasayo solta haru le!! timi haru naii khatara manche haru!! haami ta gawar!!! by the way tapai mahan manche haru ko lecture nii sunum nii inflation ma!!!

alece · Dec 14, 2011 10:15 PM

inflation simply means money lose it's power. that means you've to pay more for the same thing. in other words, commodities seem expensive. and when we see it in currency market, we see the devaluation of currency.. yeti.. ek dum simple bhasa ma bhannu parda... dollar is standard currency today, and if US $1  was worth Rs 76 before, meaning .. our currency is 76th times lower than dollars. If it rises to Rs 100, that means, our Nepalese currency is 100th times inferior than 1 US dollars. ek dum simple bhasa ma bhannu parda... so, say one day, if US $1 = NRs 10 or below, imagine, we must have been extremely developed by then, meaning our currency gets more value and so forth.., ek dum simple bhasa ma bhannu parda... okay, now some of you may come on me against US dollar saying ' who the hell care about dollars, ' , or ' dollar is history , it's gone.. , economy collapsed.. ' blah blah blah.. stfu,slap yourself, and wake up.. dollar still is world currency, get that. we'll see in future, whatever happens and this post if being read by you in 2020, consider it's the time context material. may be dollar is no more in your time. or may be yes .. Now don't laugh :D 

bittertruth · Dec 14, 2011 10:40 PM

@ alece  I am from Jumla and I understand inflation very well. If you disrespect Jumla next time,  I'm going to have you f**ked by the horniest horse that my grandfather has in his stable back in Sinja Valley.

mangale · Dec 14, 2011 10:41 PM

 Nepali currency is tied to the Indian Rupee..The increase in dollar rate is due to the decrease in the value of Indian currency. Inflation has nothing to do with it

bhalujagate · Dec 14, 2011 10:49 PM

well said bittertruth!!! thank you for enlightening me!!! :p LMFAO!!!! and [Disallowed String for - use of word not allowed]jagate!!! that was a metaphor!!! if u thought i disrespected you!! I DONT GIVE A [Disallowed String for - bad word]!!!

alece · Dec 14, 2011 10:51 PM

 mangale to alece= likes you reply.... alece seems to be a smart aarse, if you know what i mean

nayapidi · Dec 14, 2011 10:53 PM

bittertruth!! aba taylor rule ko barema nii lecture sunum na!!! inflation balla bujhe maile!! aniii nayapidi i dont know what u rly talking abt >?

alece · Dec 14, 2011 10:58 PM

[Disallowed String for - use of word not allowed]jagate le chahi sahi kura garyo hain. Inflation is different thing but recently dollar's value is getting stronger against nrscoz indianRS is unstable.

goddamn · Dec 15, 2011 12:12 AM

Kasai kasai ko ta name nai not allwed re lol

goddamn · Dec 15, 2011 12:12 AM

Mr, bittertruth seems like you know nothing. here is whats going on: Inflation has nothing to do with current situation. Beacuse of euro crisis investor are selling everything and buyng dollar. so the dollar is trading on 80.57 which is 1 year high. That sent euro to 1.29 which is below technical level 1.30. when dollar goes up all the comodities comes down. We have already seen this week gold has come down 200 dollar and wheat, coffee, cotton, and other comodities are plummting. Because of huge safe investment going in dollar  rest of the currency are devaluating  so the ruppee. This can continue even further if european doesn't come with clear solution to their debt mess. write me more if you want to know about investment and how the currency and the market trades. Last edited: 15-Dec-11 01:02 AM Last edited: 15-Dec-11 01:03 AM

shriprakash · Dec 15, 2011 1:00 AM

@shriprakash, I don't know you, you don't know me. So, first of all, there is no reason that you be sure of my intellect. As I wrote before, It was written in layman's term. The language used was in no standard to any economy books. But mind you, I'd already been repeating this phrase every para "ek dum simple bhasa ma bhannu parda..." just to avoid blatant comments like yours. your comment is just appropriate as an answer only to my first sentence , "Why does money(in this case euro) lose it's value?".. and besides, it seems you only tend to have book knowledge, the real solution to euro crisis is proposed to be the inflation, short term one. You wrote investors are scared of failing euros and buying dollars as safe haven, well, it happened many times before as well. But they survived. They will at this time as well either by buying bonds, inflation or bailout.. whatever way, they'll sustain. Don't you remember, just a month or two ago, how american dollar was seen and how at last minute it was rescued??  So, you saying ' inflation has nothing to do with currency crisis" is ignorant. You can flip the pages of your economy book and come tell me. I work in the field and will try to shut your adamant attitude with my experience.

bittertruth · Dec 15, 2011 10:51 AM

good things about rising dolllar: remittance will be higher if the incoming money is in dollar products made locally will be bought more which could spur growth locally since the imports will be expensive. brings more businesses because of cheaper products more export on locally made products bad things about rising dollar: imports such as electronics will be higher since they are mostly imported travel to the US will be expensive. anybody sending money to the US will have to pay more. these are all i can think. add more at your convenience.

dolphin · Dec 15, 2011 12:01 PM

@bitter truth: You said: "if US $1 = NRs 10 or below, imagine, we must have been extremely developed by then" Does that mean Japan is as poor as Nepal?

jhilke_bro · Dec 15, 2011 1:53 PM

LOL @ jhilke bro for the first half i was trolling !!!! seems like bittertruth needs to go back and read his economics books again!!!:P

alece · Dec 15, 2011 2:30 PM

http://www.ekantipur.com/np/20...

Jhilke_Bro · Dec 15, 2011 4:24 PM

Mr Bittertruth, first of all I am a trader. I trade currency, gold, stocks, Etfs and options.  I spend more than 10 hours doing this and for over 5 years.Now, you go back and see where the chart of euro. italian 10 years is trading all time high close to 7% while our 10year is trading below 2%. spanish bond is jumping high, last week germen couldn't sell thier issued bond in the history. S&P and Fitch are reviewing all the europian credits and they might lower pretty soon. Major european banks credits are already lowered to nagetive.  I don't know when did they rescue dollar I know we raised our debt celling 2 months ago. dude simple answer is when dollar goes up all the commodities fall down. lees dollar will be used to import goods. if you are importing cotton from india and used to cost $100 (4600 Rupee) now it will only cost $85 dollar. so you tell me is this inflation???? Last edited: 15-Dec-11 09:58 PM

shriprakash · Dec 15, 2011 6:27 PM

bittertruth, i have nothing to do with you personally but dont tell people 'murkha'. There are 1000s of people smarter than you. Everybody are smart on their feild. and do you think you are the smart and we all stupid????

shriprakash · Dec 15, 2011 6:31 PM

@shriprakash, are you in a right mind? the comment that I made was for those who posted above me. according to you, when I wrote that all the ppl in the world got 'murkha'.. hoina ra? hera timro buddhi, .. yesto bujhai cha timro, nasakiney bho.. forum ma thread ra posting ko samanya gyan suddha nabhaka haru posting padhera nabujhikana reply garney.. just to tell you the truth, you.. yes YOU came on me and YOU addressed me as 'murkha'. Not me.. I never said 'murkha' to you. but the way you are argueing with me and having personal grudge towards me, you are not murkha but 'maha murkha' rahechau. tato ra saro , baula kukur jasto tokna po aaucha. I know there are people always better than you, no complain.. but there are always someone below you to make you feel better. timley bau ko kura nikali halyou, yeah, I don't need to teach my father.. how to.. **** but definitely I can teach your mother how to s****K and yeah,  I don't give a cr-rap whatever heck you do. yesta english ta 'tatey-ra-pangrey' lekhney sanga k jori khojnu.. you'll be totally ignored next time on .. you are just not up to my level , @alece, no comment bro :D I'm learning every moment. I'm not done yet :D 

bittertruth · Dec 15, 2011 8:38 PM

@bittertruth !! ur above comment alludes that you are an transvestite prostitute who gives sucking lessons !!! :p and if u thought my first comment was out of my stupidity !! i really dont know what to say!!! lol !! i just dont want to drag it on!!! and then couple other dumb[Disallowed String for - bad word]s joins in who cant see the metaphor and starts using foul language!!! and now u guys dragged it to this level!!! surprised that u couldnt see the sarcasm !!! :p O.o !! guess ur sarcasm detector isnt working!! have fun giving S*U***K 101 LESSON lol!!! P.S i will remember that word "murkha"""!!!

alece · Dec 15, 2011 9:40 PM

I absolutely understand that you are not telling me Murkha. My concern is you have no right to call anybody Murkha. By the way who do you think you are to call other people?

shriprakash · Dec 15, 2011 10:02 PM

Congratulation to all the winners.

anon · Dec 15, 2011 10:06 PM

@alece.. I'm responsible for what I say, I'm not responsible for what you understand. @shriprakash, .. I'm showing you the mirror. Who are you to tell me 'murkha'?? may be I'm in front of michio kaku and albert einstein. Here in Sajha, I see ppl with monkey like way of expressing their whatever nonsense.. so, what's your problem with me when I say to others but you jump in? Just think about it, sara duniya ko thekedaar huna nakhoja.. bekaar maa

bittertruth · Dec 15, 2011 10:49 PM

@anon.. lol.. yestai cha yaha ko chalan.. hahaha... thread ko topic chewing gum chapako jasto chapayera, tankayera.. kaha bata kaha purauchan.. ek dum egoistic ra self centered manchey haru chan.. dherai jasta yaha.. topic ko kabadai gari dincha bhanya.. ani ma pani level nai ghatayera kura garnu parney huncha, natra baaki rakhdainan yi ek-dui mula ka saag haru ley.. natra aafu moro , vastab mai yettika abhadra ra jungalee chai pakkai pani chuina hai? 

bittertruth · Dec 15, 2011 10:52 PM

I think most of these poeple in this thread needs the horse d*ck(from Jumla) that I was talking about in their a$$es. Typical Nepali! Everybody think they are the smart a$$es. Can you all cut it off ? People dont have anything to do or what?? You guys are seriously abusing Sajha.

mangale · Dec 15, 2011 11:02 PM

 Sometimes, I feel that the market is being (has been) manipulated for quite sometime. (Gold came down because there is not much positive return left in it.)

moonshine · Dec 15, 2011 11:26 PM

@moonshine, only for a while.. all artificial .. just watch.. where gold price would go.. @mangale, I know .. timi ahiley ranthanera baseka chau, kasailey timro janma thalo lai sarrai nai hepera kura gareka chan, mailey ni padheko chu tyo.. chitta dukkcha I know.. tara tehi hisab ley ali kata satik milayera jawab pani deu na yi ek dui jana daka haru lai.. 'you guys are abusing sajha' bhanera.. testo aatay-paatay taal ley kehi hola jasto laagdaina.. ali kadai-sanga majja jawab dinu kay.. ali swad aaos na padhney lai pani.. kaha tyo hawa phuskeko tire ko para ley comment deko bro???

bittertruth · Dec 16, 2011 12:11 AM

 Bittertruth-- gold is coming down!!

moonshine · Dec 16, 2011 12:26 AM

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