Issue for the franchisees is the fluctuating dollar rate. At the time of the auction, the rate was Rs 40 to a dollar. Now it is Rs 48 to a dollar. A workshop-cum-meeting for the eight franchise-owners of the Indian Premiere League (IPL) will be held in Bangkok, Thailand from 17-19 October. The meeting was earlier supposed to take place in Goa. This meeting, among other things, would discuss raising the cap on the players which was fixed at $6 million per team, players' transfers, etc. This is the first step in the plans to move ahead for the next season.IPL having problem with dollar increase
.
Issue for the franchisees is the fluctuating dollar rate. At the time of the auction, the rate was Rs 40 to a dollar. Now it is Rs 48 to a dollar. A workshop-cum-meeting for the eight franchise-owners of the Indian Premiere League (IPL) will be held in Bangkok, Thailand from 17-19 October. The meeting was earlier supposed to take place in Goa. This meeting, among other things, would discuss raising the cap on the players which was fixed at $6 million per team, players' transfers, etc. This is the first step in the plans to move ahead for the next season.
Issue for the franchisees is the fluctuating dollar rate. At the time of the auction, the rate was Rs 40 to a dollar. Now it is Rs 48 to a dollar. A workshop-cum-meeting for the eight franchise-owners of the Indian Premiere League (IPL) will be held in Bangkok, Thailand from 17-19 October. The meeting was earlier supposed to take place in Goa. This meeting, among other things, would discuss raising the cap on the players which was fixed at $6 million per team, players' transfers, etc. This is the first step in the plans to move ahead for the next season.