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Re: Money Exchange
Originally Posted by a_f_d
(Post 10843341)
If your total worldwide income (excluding UK government pensions) is below the Indian Tax threshold (or you want to manage your own tax affairs and file returns) then you could have registered your bank accounts (including FDs) to be paid gross. You can get/ download a form from the bank for this.
AndyD 8-)₹ |
Re: Money Exchange
ICICI yesterday were offering ₹95.50 to the £.
On 14th August RBI announced: Liberalised Remittance Scheme for Resident Individuals- Reduction of limit from USD 200,000 to USD 75,000 This of course spooked FDI investors who pulled money out causing a 4% drop in the stock market, which is likely to pull down the value of the Rupee which........ Difficult to see how the RBI could have got things more wrong! AndyD 8-)₹ |
Re: Money Exchange
xe.com : £1 = 98.0381
ICICI money2India Net Express : £1 = 96.51INR Mid-market rates: 2013-08-19 09:36 UTC Heading towards 100R/- to the £1 |
Re: Money Exchange
Originally Posted by babu1
(Post 10857814)
xe.com : £1 = 98.0381
ICICI money2India Net Express : £1 = 96.51INR Mid-market rates: 2013-08-19 09:36 UTC Heading towards 100R/- to the £1 The RBI are pleading for NRI/PIOs to help, while their Directorate of Enforcement are sending Show Cause Notices to PIOs who bought property in Goa querying where the money came from. Ya couldn't make it up!!! AndyD 8-)₹ |
Re: Money Exchange
Originally Posted by a_f_d
(Post 10857985)
Ya couldn't make it up!!! AndyD 8-)₹
The BBC website says: International investors have withdrawn $11.58bn (£7.4bn) in shares and debt from India's markets since the beginning of June, according to official data. :eek: H. |
Re: Money Exchange
It got up to 99.4 Rs to the £ today... Will it break 100 tomorrow?
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Re: Money Exchange
99.8 as i write which is going to upset some ones economic plans.Has the price of Petrol per litre risen yet ?
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Re: Money Exchange
Petrol price is around 55 Rs I believe
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Re: Money Exchange
Originally Posted by poipleshadow
(Post 10858653)
It got up to 99.4 Rs to the £ today... Will it break 100 tomorrow?
Went to ICICI bank today to get an Indian Rupee travel card & no surprise to receive contradictory information from branch staff versus what is actually in print on their website. . . . . . . :blink::confused::o:eek::blink::unsure::huh::ohmy: H. |
Re: Money Exchange
Originally Posted by hemingway
(Post 10860475)
According to www.goanvoice.org.uk the Rupee actually hit 100.13 to the £ at 04:00am (?) GMT on 20/08/2013.
Went to ICICI bank today to get an Indian Rupee travel card & no surprise to receive contradictory information from branch staff versus what is actually in print on their website. . . . . . . :blink::confused::o:eek::blink::unsure::huh::ohmy: H. |
Re: Money Exchange
Originally Posted by leavinggoa
(Post 10862274)
The low was 101.1 today.
H. |
Re: Money Exchange
When I first came around these parts, mid 1960s, the exchange rate was c13R to the pound. Now.....brilliant, long may it continue.
Davie. |
Re: Money Exchange
Originally Posted by davidhendry
(Post 10863068)
When I first came around these parts, mid 1960s, the exchange rate was c13R to the pound. Now.....brilliant, long may it continue.
Davie. Not "brilliant" for ordinary Indian people. |
Re: Money Exchange
Originally Posted by Bipat
(Post 10863327)
Inflation rising and it will probably continue until next election.
Not "brilliant" for ordinary Indian people. Why do you have to Indianise everything? Most people on here would love the opportunity to achieve resident status and suffer the inflation along with their neighbours. . |
Re: Money Exchange
Originally Posted by johnny five
(Post 10863644)
The comment was written by a British Expat, and addressed to a group of ~(mainly) British Expats.
Why do you have to Indianise everything? Most people on here would love the opportunity to achieve resident status and suffer the inflation along with their neighbours. . I don't believe the majority of British expats (many who have second homes in India) would want the present economic situation to continue and their neighbours to suffer. You yourself described India as a "dump" among other things!!!! Why would most British on here "love" to live there then ???? |
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