Today is birthday of lord Krishna then why sad news of Why is it that currency falls only before general elections ? Huge profitability gained by bringing back black money stashed abroad in order to cover Election expenses. mayb mayb not ?! u decide Weak rupee, black money and election : Election result in weak rupee due to inflow of foreign currency as black money to fund campaigns, seems there is only one exception in last 9 elections - in 2004 Rupee was down by more than 20% against dollar in the months before election. In 1984 it was down by 21% 1989 it was down by 24% 1991 it was down by 22% 1996 it was down by 19% 1998 it was down by 13% 1999 it was down by 14% 2004 it was up by 11% 2009 it was down by 25% 2014 (till now) it is down by 20% Strange but it is fact !!!
Posted on: Thu, 29 Aug 2013 03:31:43 +0000
Trending Topics
Recently Viewed Topics
© 2015