Good move from India

  • Thread starter Thread starter Deleted member 923340
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Deleted member 923340

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Viral Virus said:
the US dollar will lose its strength quickly.

is it ??????
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paul david said:
Is it possible? I don't think so
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relatively. yes.

China - 2nd largest economy
India - 6th largest economy

US is still the first. USD is the global currency now, supply and demand move the currency value.

If the demand for US dollars goes down (this happens when these economic giants start to use local currencies for trades instead of USD), the currency strength of USD will go down.

Edit: A good article from forbes, has some counter arguments too.
https://www.forbes.com/sites/charle...hina-trying-to-kill-king-dollar/#3c0ba74a7948
 
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Bad for Indian freelancers, Getting paid in dollars will now ghost them.
 
HoNeYBiRD said:
Which would be bad when you earn in dollars and spend it in a different currency, which most non-US people do in IM, at least those who work for US companies or have US clients.
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Yes, bad for us internet marketers :D
 
I'm not so sure of this. But after all, 2019 will be a tough year for all of the world.
 
Don't want this to happen due to the US dollars we are paid in :) but still let's see!
 
That's a good move by the indian government..
 
Thenkel for informatione now me sleep with dogs and feel warm and cozy.
 
Deleted member 923340 said:
You provide much-needed negativity around here at blackhatworld. Thank you for your service.
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Pretty sure you don't live in India. The Indian here legit feels like holding toilet paper and is the worst performer in entire Asia. There are a lot of factors at here power dynamics etc which means US Dollar isn't going anywhere and will continue to hold considerable value in the foreseeable future.
 
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