Sunday, 10 May 2015

Slow dollar, Fast rupee

Slow Dollar and Fast Rupee

                Everyone talks about globalization. I wish someone seriously thought about globalizing  the  dollar. As we hop from country to country you have to be very judicious, calculative and alert. If your arithmetic is slow and weak you will empty your wallet very soon. Holidaying in Dubai, Kulalampur and Singapore, I reasonably learned the trick of finding the equivalent  the local currency to our dear rupee. Many a time I have shunned the object of my interest as if I touched an ignited wire. Even the salespersons could identify the shoppers of this kind and subtly look the other way. But in this country the paper is more valuable than the dinar, the ringgit, and the Singapore dollar. Suppose I cram my small bag with Indian bucks and go shopping in a mall of America like Walmart or Meijer or Target  and the shopkeepers don’t mind accepting our poor dollar, this much only would be paid by me.
 A bottle of 600 ml. water                                             - 126                 (in Indian Rupees)
 A can of          12 ounce . Coco Cola                           - 21
A gallon of Petrol – 175  (3.785 litres)  one litre           - 46.23
A plantain (nenthrapazham)                                          - 30
A red banana                                                                  - 16
A  small salad cucumber                                                - 26
A kilo of tomatoes                                                         - 163
A ripe mango (not Alphonsa)                                        - 63
A coconut                                                                       - 126
A loaf of bread                                                               - 189
A sapling of Indian Jasmine (mulla)                              - 819
An egg –                                                                         - 8
A litre of low fat milk                                                    - 66.57
A large milk chocolate bar                                              - 252
An office scissors                                                            - 490
A masala dosai                                                                 - 378
A can of beer                                                                    - 28
A water bottle                                                                  - 630
A tooth brush                                                                   - 126
A 200 page note book                                                      - 252
An American lunch ( ordinary)                                       - 315
A 2 kg. dressed chicken                                                   - 630
A kilo of lamb meat                                                         - 340
A small bunch of curry leaves                                         - 60
A small can of Dosa mix                                                 - 250                                                                 Pre cooked chappathies - 15                                            - 440                                  
A hotel room                                                                    - 6000
Minimum taxi fare                                                          - 175
A cup of coffee                                                                 - 126
A packet of salt                                                                 - 112

Well, that is a small inventory of common interest to a visiting Indian. Be on your guard!

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