Contract amount only in Indian Money : IPL desk

New decision came out From the IPL desk was that the contract money would be given as Indian Money to the players. This decision was taken by the IPL committee because of the serious fluctuation in the International money market. From the next contract period onwards this would be mandatory for all players.The auction process from 2014 onwards would be liable to this decision.the agreement period would end in the year 2014 for all the players who were aucted earlier. There was a fluctuation in the international markets for the value of the dollar.from 2014 onwards the auction of the players are subjected to the new policy. From the procedures followed now from the beginning the beneficiaries were the Foreign players who were paid the foreign money when there is a fluctuation occurs the Indian market value for the money would decrease and the dollar value would increase this would be beneficial to the foreign players. So the IPL committee had decided to make all the contract agreement through the Indian money this would certainly be enjoyable to the Team officials as they had to pay only through Transaction inside India.

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