Maximum amount of US $ one can bring into India in form of currency notes ?
September 23rd, 2008 stanleyWhat is the maximum amount of USD I can bring into India in form of currency notes without declaring to Cutoms?
What is the maximum amount of USD I can bring into India in form of currency notes without declaring to Cutoms?
Basically, do you think we will keep our banknotes/bills and coins for decades to come or do you think they will become obcelete because of credit/debit cards?
I have been studying forex for a few weeks now and something that still buggs me and to which i can’t find an answer is the following.
Other than the famous Soros, i don’t know if any uber rich guy that made his fortune in the Forex market. By uber rich i mean a billionaire, but “just” knowing of a few multimillionaires who run some Forex investing fund would be enough. Maybe i haven’t searched enough, but i can’t find anything about it.
I know if super rich people who made it through businesses (obviously), trading stocks, options, futures, but not one single forex trader (who made his fortune primarily through it; mentioning how Buffet invests in currencies now and then doesn’t count).
Why is it? And then i see all the supposed big shots in the Forex investing area, and they all became speakers, or working for companies, or became “miracle forex programs” sellers. They seldom mention how much they actually made through forex.
Can anybody name some well-known Forex investors?
In what ways did the existence of currency help evolve civilizations?
How does manipulating one’s currency help a country? For example, American automakers accuse Japanese automakers of achieving up to 30% cost advantage by manipulating its currency value - by deliberately lowering the value of YEN.
Could somebody explain to me, in simple terms, how does undervaluing one’s currency help in better exports and cost advantages?
I can undrstnd whn the exchange rate is floating on a week-by-week basis.This week,if the dollar value decreases,it becomes cheaper for a Brit to buy US merchandise.
But whn the exchange rate is consistently weak against a dollar,for example in case of Japan of 90s or today’s China,who intentionally hv kept their currencies weak-for quite sometime now - that means they have a set price at which they would purchase the necessary goods.
The advantage only lies when the exchange rates are always fluctuating. But if its stable, then even if you lower yer currency value- how would that help yer country to gain more buyers?
Say If I reside in Country X, and pay $1 for a can of coke, and the dollar value increases, so I have to shed more of my currency to get coke - this way Coke gains-I understand!But when the suppliers would already know that $1 if coke that was being sold is now actually worth $0.75, due to increase in dollar’s value, the market shud automtically correct self, shudnt it?
Also, my point is:
If by lowering the local currency value, they gain at exports, shouldn’t they also lose out on imports - OR also shouldn’t they lose out on the making of the goods - which they’re gonna export!
If Toyota is unfairly gaining by YEN’s artificially lowered value, hence attracting more buyers, isn’t it also losing because to manufacture TOYOTA car;s spare parts and stuff, it has to shed more of its yen to buy the raw materials to build its cars now!
Shouldn’t it also lose by artificially lowering the value? How is the gain only one-sided?
hi
i am new on forex market
i have no experience and knowledge but i am going to use a forex automated software called “forex autopilot system” by “mark copeland”
if u used it please tell me about your earnings and opinions
for example if i start with $300 how much can i earn in one week
or should i use any specific trading program to use it (for example i want to use Trendoks Trader FX4 Version 4.00 but i wonder if it is suitable for this software or should i use meta trader only)…
thank you all…
How to use Relative Strength Index in Forex Trading
I have been to Spain and now Im back in Leeds, England. I have just 40 Euros left and want to exchange them somewhere in Leeds town like Thomas Cook etc.
Will they charge me? Where does it free?
Thanks in advance,
They use Leu or Euro? whats the currency?
You are currently browsing the myylt.com weblog archives for September, 2008.