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. maybe, maybe not ?! u decide Weak rupee, black money and election : 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% a non congress govt completed a 5 year term for the very first time. 2009 it was down by 25% 2014 (till now) it is down by 20% Strange fact !
Posted on: Fri, 30 Aug 2013 14:53:36 +0000
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