Rupee loses further ground to trade at 164.5

[mastaan]

People here seem to have things the opposite way around in their analysis. Many simply do not get the exchange rate is a result, not a driver.

And then they ask me to check my economics..

(Side note - posted another video just now, where members are being for my blood and asking me to be banned.. do you know what are the rules? - I just posted a video)

 

[Nilgiri]

And then they ask me to check my economics..

(Side note - posted another video just now, where members are being for my blood and asking me to be banned.. do you know what are the rules? - I just posted a video)

Nope I don't know the rules when it comes to mob antics here.

 

[VCheng]

No nation becomes rich off of exporting manual labor.

But this nation has become accustomed to balancing its foreign exchange books off of the earnings of exported manual labor. That should count for something of a success.

 

[Śakra]

People here seem to have things the opposite way around in their analysis. Many simply do not get the exchange rate is a result, not a driver.

If they understood exchange rates and economics, their economy wouldn’t be in free fall while their people scream in unison “this is good for exports”. Meanwhile, they export that can scale or take advantage of this new reality.