What Is Happening To My Country's Economy ?

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What Is Happening To My Country's Economy ?

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SutharsanY View Member Profile	Feb 14 2012, 08:45 PM Post #1
MMG Member Group: Member Posts: 90 Joined: 19-January 12 From: Sri Lanka Member No.: 390,672	Hello ! I am from Sri lanka , South Asia (Poor Country ) Our currency is LKR (Sri lanka Rupees) 4 Days ago 1 USD = 113.89 LKR. But today it's 1 USD = 120.23 LKR Dollar's value has been increased suddenly. So, My Country's economy going Up or Going Down ? Thanks, -------------------- " In Order To Succeed You Must Fail, So That You Know What Not To Do The Next Time. " - Anthony J. D'Angelo

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marcelomusza View Member Profile	Feb 21 2012, 06:50 PM Post #2
MMG Member Group: Member Posts: 35 Joined: 7-February 12 Member No.: 397,356	Here in Argentina the conversion is the following: 1 Dollar = $4.25 Pesos Argentinos so... having an online job that pays me with dollars and euros, I can say that the economy of my country is working great haha. But unfortunately things here are really expensive just because of that, and the cost of life is very very high. Persons that find alternatives to make money, just like online businesses, can make a very nice difference. But close-minded people that will only work for the monthly salary (and these are like the 90% of the overall population), they have to work really hard to make a decent life. I was one of those till I discovered the online world. Regards!! -------------------- Are you Tired of your Full-Time Job? Do you want to be your Own Boss? A One Page Website Is All You Need To Start Making Money Online. That Simple! Finance Success Online

mfurqan View Member Profile	Feb 22 2012, 02:43 PM Post #3
I am mfaspk Group: Supporter Posts: 681 Joined: 18-January 06 Member No.: 20,939	QUOTE (SutharsanY @ Feb 15 2012, 09:45 AM) Hello ! I am from Sri lanka , South Asia (Poor Country ) Our currency is LKR (Sri lanka Rupees) 4 Days ago 1 USD = 113.89 LKR. But today it's 1 USD = 120.23 LKR Dollar's value has been increased suddenly. So, My Country's economy going Up or Going Down ? Thanks, That certainly means its going southwards. The same problem with other south asian countries where corruption and bad governance is at the peek. -------------------- Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.

nelson1234 View Member Profile	Feb 26 2012, 07:39 AM Post #4
New MoneyMaker Group: Member Posts: 3 Joined: 4-January 12 Member No.: 384,542	[Quote]Hello ! I am from Sri lanka , South Asia (Poor Country ) Our currency is LKR (Sri lanka Rupees) 4 Days ago 1 USD = 113.89 LKR. But today it's 1 USD = 120.23 LKR Dollar's value has been increased suddenly. So, My Country's economy going Up or Going Down ? Thanks, [Quote] Absolutely right I agree with -------------------- dental tooth bleaching

Avalanchee View Member Profile	Feb 28 2012, 11:50 AM Post #5
MMG Member Group: Member Posts: 539 Joined: 13-November 10 From: Europe Member No.: 259,358	SutharsanY, it is hard to judge about the economy in the term of a few days. Such fluctuations can happen all time. Just look at euro/usd rate fluctuations past year or two. But in general, yes, when your currency falls towards other currencies economy of your country deteriorates. That means inflation of your currency. -------------------- Have You Ever Failed to Make Money Online? Watch This!