Finance, Forex and Investments

Rupee melt.jpg

Rupee melt.jpg

Summary: given the capital flows, then would not imports become so cheap. For eg. if the dollar were at 30 or 25, wouldn't imports become so cheap that there could be domestic de-industrialization? Shah: I do not speculate on what will happen to the currency, the currency is a price. It's like asking me, will Nifty go up or down? When you look at all the mature market economies, it is a

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