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Thread: Peer To Peer Lending

  1. #11
    Join Date
    May 2009
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    Quote Originally Posted by sachin410 View Post
    a 10% return may not be attractive for some.

    e.g. In India, banks offers 8%+ on fixed deposits and many companies offer 10%-12% annual returns on fixed deposits.
    That's a good return. What's the exchange rate on the Rupee?

  2. #12
    Quote Originally Posted by bogart View Post
    That's a good return. What's the exchange rate on the Rupee?
    USDINR=X: Summary for USD to INR - Yahoo! Finance India - Share Prices, Charts, News and more

    $1 = Rs 48.83.

    but I am not sure if foreign retail investment is allowed in Indian markets or not.
    note: when you replace this, dont use masked URL. thanks ~ admin

  3. #13
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    Quote Originally Posted by sachin410 View Post
    USDINR=X: Summary for USD to INR - Yahoo! Finance India - Share Prices, Charts, News and more

    $1 = Rs 48.83.

    but I am not sure if foreign retail investment is allowed in Indian markets or not.
    Rs 48.83 is a good rate. It was down to Rs 39 not too long ago.

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