🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Sairaj Kadam

Entrepreneur • 8m

Could Not Believe It's Happening! 😶 The Currency Is Now Going Into A Huge Selling Mode.

Anonymous 2

Hey I am on Medial • 8m

You think the US election has anything to do with it? They are saying it's the most impoirtant of their lifetime.

1 Reply

Replies (1)

Sairaj Kadam

Entrepreneur • 8m

Exactly, it’s definitely a mix of global politics and economics. The U.S. dollar is super strong right now because it’s seen as a safe currency, especially with the upcoming U.S. elections making things more uncertain. When people feel unsure, they tend to invest in dollars, pushing its value up. Plus, with the U.S. raising interest rates, investors are even more likely to move their money there. For India, this makes things expensive—especially imports like oil, which we buy in dollars. That adds to inflation here, and since we import more than we export, the rupee feels the pressure. Then there’s the impact of global tensions, like with China and Russia, which also make investors pull money from emerging markets like India back into the U.S. So yeah, it’s definitely all these global factors weighing on the rupee.

1 Reply

Recommendations from Medial

Om Raut

"Entrepreneurial lea... • 8m

📌Who will win US Election 2024 ? 🇺🇲🦅 Tell us what you think !!!

Trump 🦅

Kamla 🙋

Votes: 21

2 Replies

financialnews

Founder And CEO Of F... • 8m

Donald Trump Wins The US Presidential Election . . . It Good For Indian Startup Ecosystem And also IT Industry....? What Tou Think

3 Replies

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

I think most of the people's think that their startup will be most unbeatable and amazing startup ?

yes

Votes: 33

4 Replies

Chamarti Sreekar

Passionate about Pos... • 9m

Which export good do you think has the most potential?

1 Reply

Rohan A

On My Way • 3m

Here's the Story of how a YouTube Prankster won the Election of Cyprus and became the Member of UE's Parliament all organically. You would think it's a joke, or not a big deal but it is! Fidias who had no knowledge or experience about politics, ma

Anonymous

Hey I am on Medial • 1y

Unacademy is launching a language learning app in the US. Do you think anything in the world can beat Duo-lingo?

7 Replies

Aarihant Aaryan

Prev- Founder & CEO ... • 1y

People think most things aren't scalable but I think it's more to do with the mindset.

4 Replies

SamCtrlPlusAltMan
•

OpenAI • 8m

The Surprise Election Night Winner: Perplexity On Tuesday, two AI startups, xAI and Perplexity, tried to position their chatbots as reliable, real-time sources of information during the high-stakes presidential election. Elon Musk's Grok, however, f