what should be the Dollar rupee rate at 2010?

Question

Here you may take Indian rupee equivalent US dollars. pls , sorry i have not mentioned earlier

Answer 1

The economic value of INR (Rupee) vs USD in the future is the function of their interest rate differential, or the forward market in financial term. If 3yr USD interest rates is 5.0% while 3yr INR interest rates is 7.0%, then USD/INR rate will become higher in 2010 due to interest rate factor.
Example
If you have $100, now and invest for 3yrs at 5.0%, your money will be $115.75 (compounding interest).
If you have INR 4400 (thus USD/INR rate is 44.0) and invest 3yrs at 7.0%, your money will be INR 5390.
All things being equal, the future USD/INR rate in 2010 will be
5390/115.75 = 46.57.

That is what is the economic value of USD/INR rate should be in 2010. Will it be exactly at that level in 2010? ABSOLUTELY NOT

Other factors will contribute to the value of USD/INR along the way. If Indian economic continues to sizzling and attract huge foreign investment, the value will decline (or INR will appreciate due to demand supply). Or conversely, if Indian is involved in all in war with other nations, where would you think USDINR will be at? 50? 70?
With no certainty over the exchange rate, the forward rate described above is the best indicator where the rate should be in the future.

Answer 2

dollar will be worth about 70 current US cents by that time - the dollar is fading fast on the International markets.

Rupee today is about 44 to the US Dollar but will Rupee will most likely undergo a condensation internally and will climb against the dollar and other currencies. So, I think the US dollar will be worth about 25 of today's Rupees in 2010.

India's economy is HOT and will continue to be that way until at least 2020, when Indian people will have priced themselves out of competition on the world markets.

By 2010 China will own us all but trading will be in Euros.

I adore Yahoo's currency converter:

http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=INR&submit=Convert

I think the world may be on the Euro system by 2010 or at least starting to go on the Euro system. The Euro and the Pound are the most stable currencies in the world right now but the Pound is going to have to become a Euro system sooner than later.

Answer 3

I am not sure which country's Rupee you mean or which country's Dollar.

Answer 4

I think every country's dollar-like thing should be the same as every other country's dollar-like thing and countries (especially the britts) should stop trying to rank themselves against each other.

Answer 5

striking 45 trillion billion yens a dollar