Posted by: Samsara April 10, 2007
Downfall of dollar rate-
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At the rate of things happening in Nepal, moving all your assets from NPR to INR would definitely be the best bet. Unless, miraculously political stability, no more strikes, no more extortions on businesses, free movement of basic necessities into Ktm from India, etc. happens overnight. As any FX trader will tell you, any negative sentiment on a currency will cause its devaluation and the only reason NPR has not suffered is because of its peg to the INR. This will ultimately change within a certain time frame (could be tomorrow, could be next month or 5 years down the road). - Pls do your own research too as the above is only my suggestion and not a guarantee.
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