HariPrasad
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- Aug 5, 2013
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Rupee fell as he was artificially holding it at the cost of export ... what do you think why export started declining? and why dollar reserves were falling?
His own appointed finance minister accepted this at his budget speech ...
Rupee fall because of high trade deficit which happens because your exports are not competitive because of high production cost. It happens because your army gets a disproportionate large share of govt revenue. They get this by threatening the civilian government. You guys are unable to speak against them and blame your own Prime minister to whom you guys had voted to power. They problem with you guys is you never speak truth.