KD slump

posted by gareeb aadmi

Respected sirs, please provide your guidance about the continuous fall of KD , if there is any chance of getting it back to 220s where it stayed for a long time or where this fall will stop, or will it go back to the golden days when we used to send at the rate of around INR 150 for KD 1......

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Posted On 3/20/2017 2:18:14 AM by Exchange

This is worry some matter. I have approx. 9000 KD to be remitted and I am nervous by seeing the sliding rate.

I urge all financial experts to put their views.

Posted On 3/20/2017 9:25:39 PM by Jack West Jr.

The rate will come down to 200 - 205 .. but not lesser.. believe in our corrupt ministers.. they wont let Indian economy grow..

One man's loss is other man's gain !

Posted On 3/21/2017 12:28:18 AM by Ghanta !

There is news that within 4 to 6 months the rate could be between INR 175 to 185.

Posted On 3/21/2017 1:54:56 AM by seeker

i used to send the money at a rate of around KD 150 too....

Posted On 3/21/2017 1:56:13 AM by Advice

@Exchange,

Indian economy doing good and rupee improving is worrying news for you?

Keep the amount with you until crude oil price hits $200, then you will get good exchange rate.

It's estimated, rupee will grow further strong and you will see the exchange value drop to 170-200.

Posted On 3/21/2017 2:26:54 AM by Ram Singh

KD has not slump but INR have surged and under the patronage of our beloved PM Mr. Narendra Modi, our economy is surging ahead and our country is taking leap and bound towards the developed country.

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