The problem is that you are over-reading patterns where none exist. And here is the worst part :
Indian currency is in a constant dive and Indian Govt has been unsuccessful in stopping it. So tell me where am I wrong. Every thing I posted here is from India media and no one else. I fail to understand your point. I know you hate that your economy is not doing great but it is not my fault it is the fault of your govt.
First, its not my economy.
Dude, you need to stop talking nonsense. Your lack of understanding is appalling.
Agricultural production is growing more than 5%, the industrial output shows 13% growth. Trade deficit widens due to rise in oil prices. Doesn't mean a lot, almost all the currencies are going down against the dollar. India's loss in the past 5 years is only 7%. While you lost more than 21% of your currency value. Explains a lot.
Dude, you need to stop talking nonsense. Your lack of understanding is appalling.
This is real sad state for Indian economy. FDI is pulling out because what ever profits businesses make are lost to depreciation of rupee and this is not the end yes this is not the end rupee will go down further.
Sadly India is in current account deficit and there is a huge debt hanging which has to be paid and rupee going down is increasing the debt.
You are right in case of rupee depreciation but you are wrong on forex reserve and economical growth ..
Yes, you were wrong because while in past 1 year (ie since Sept 04, 2017) Pakistan currency has fallen by 18.8% whereas Indian currency fell by 12%.
