Tuesday, August 22, 2017

COMMENTS NO: YEAR/2013/579

"KING:'By selling US Dollars in International Market, are we really going to recover from the current pathetic condition of Indian Rupees?' HERMIT:'To some extent, by applying this strategy, the bad condition of INR can be recovered, but, on the other hand, it is also to be seen that it is a part of US economic strategy to compel India to sell as much USD as possible to make Indian economy somewhat weaker in the long run. I think that it is better to adopt other good strategies to recover the Indian Rupees from its nightmare phase.'"-Arindam Sain

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