Nepali money getting strong
Uncategorized April 26th, 2007The price of a dollor is not dropped to 65. Its obviously good for the countries economy but not for me. I work for dollors not for Rupee.The drop of dollor have bad effect in my earning. I earn in dollors but I need to exchange that in Rupee here in Kathmandu. I am needing money now but I am confused whether to take a loan with my friend or withdraw money from bank. If I withdraw money from bank then I will lost at least NRS 2000 because the money is in USD account in a US bank account. Damn, 2000 is really big money.
This problem gave me an idea. Actually its not a new idea but It would be great if I bought dollors now in cheap i.e. NRS. 66 for a dollor. I could easily sell the dollors for NRS. 70+ after some days I guess. Meanwhile I came across a company called global futures . This american company provides futures, options and foreign exchange services in all the major exchanges.They offer so many services including global access to the exchanges commondities industry research and expertise ,Business plans and operation development with excellent 24 hour support service. Forex trading is not yet popular here but I think its really good way to make easy money.
April 27th, 2007 at 8:54 pm
This is a bit off topic but I was born in Kathmandu and its interesting to read your blog. I now live in the UK. Keep it up!!