The recent price increase in our local cng (commodity of India) has sent many a customer into panic mode. The increased cost is expected to hit our local retail stores this weekend.
The retail price can be expected to go up, but it’s not expected to go up in double digits. However, it is expected to go up from $6.60 to $7.50 per kg. The increase in price is due to the government’s push for the rupee to become stronger. The government increased the rupee by about 1% to Rs. 85 to strengthen the currency against the US dollar.
If you’re a trader, you’re probably wondering why the market price of the CNG you were buying in Bangalore is now going up. The reason is the rupee has been strengthened against the US dollar. This is mainly because of the US government’s decision to increase the dollar to a stronger level. This has led to a shortage of CNG in India and a resulting price rise.
The rupee has been strengthened against the dollar because the rupee has been devalued by the US. The CNG that is sold is made up of 100 units of the dollar and the rupee. The difference between the two makes up the cost of the CNG that is sold in the market. That increases the price of the CNG that you buy and thus the rupee becomes stronger.
In India the price of the CNG has risen from $10 to $12 per unit in the last few years. The cost of the CNG is also increasing because of the US government decision to increase the dollar to a stronger level.
I can’t think of any other currency that has been devalued by the US. The same can be said about the rupee which has been the rate of exchange for most of the world’s currency. So the change in the rupee’s value is a change in the value of the currency, not currency.
Also, the rupee is the only foreign currency that is not traded on the local currency exchange. But the rupee is not the only thing that is devalued in India. The rupee is being devalued in a few other countries such as Thailand and Indonesia.
The most likely cause of the rupee devaluing is the US dollar being devalued. The US dollar is being devalued because of the US government’s refusal to pay for the wars. The world’s largest warlord, the United States has been using the dollar as their “currency” to pay for the wars.
You may have heard about the first time the USD dollar did devaluation. It was just a symbolized by a blackened dollar that is being devalued. The second time the USD dollar did devaluation, it was a green symbolized by a blackened dollar that represents the world’s leading dollar. We’ve seen that many countries, especially in the Middle East, have been using the US dollar as their currency.