PM MODI VS RUPEE ANIME
PM MODI VS RUPEE ANIME
AS YOU CAN SEE IN THE ABOVE EVEN THOUGH HOW MODI GOVERNMENT IS WORKING TO STOP THE FREE FALL OF RUPEE IT HAS BEEN UNABLE TO DO SO.
BUT YOU CAN'T SAY THE REASON BEHIND ALL THIS IS GOVERNMENT MONETARY POLICY BECAUSE IN MY VIEW THE CURRENT MONETARY POLICY MAY BE THE BOLDEST LIKE ANNOUNCEMENT OF TRADES IN RUPEE BY RBI!
BUT IF NOT THE MONETARY POLICY THEN WHAT CAN BE THE REAL REASON BEHIND ALL THIS :-
1. FED RATE HIKES HAVE LED FOREIGN INVESTORS MOVE THIER MONEY TO US.
AND OF COURSE ONE OF THE MOST IMPORTANT REASON
2. THE WAR , YES THE WAR BETWEEN RUSSIA AND UKRAINE WHICH PUSHED THE COMMODITY PRICES UP , ESPECIALLY THE CRUDE OIL.
BUT WHEN YOU WILL WATCH THE FULL VIDEO YOU WILL GET TO KNOW OTHER THAN RUSSIAN ROUBLE AND BRAZILIAN REAL ALL OTHER CURRENCIES HAVE DEPRECIATED SINCE THE WAR!
it's great
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