Comments on: Is Indian currency on a Gold Standard or a fiat currency like US/Europe? http://www.goldbuyingguide.com/blog/is-indian-currency-on-a-gold-standard-or-a-fiat-currency-like-useurope/ Fri, 18 May 2012 02:17:04 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Beardo http://www.goldbuyingguide.com/blog/is-indian-currency-on-a-gold-standard-or-a-fiat-currency-like-useurope/comment-page-1/#comment-1708 Beardo Sat, 10 Oct 2009 12:43:41 +0000 http://www.goldbuyingguide.com/blog/is-indian-currency-on-a-gold-standard-or-a-fiat-currency-like-useurope/#comment-1708 The Indian Rupee is not on the gold standard (I don't believe there is any currency that is on the gold standard nowadays). The rupee used to be fixed to the British pound when that currency was on the gold standard. The decision to buy gold is a separate matter, and one that there is no single answer - just lots of opinions.<a href="http://www.ihearclear.com/oticon-hearing-aids.htm"> Beardo</a> The Indian Rupee is not on the gold standard (I don’t believe there is any currency that is on the gold standard nowadays).

The rupee used to be fixed to the British pound when that currency was on the gold standard.

The decision to buy gold is a separate matter, and one that there is no single answer - just lots of opinions. Beardo

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