Currency Discovers Gravity Works On Money
Rupee hitting record lows addresses through central bank gentle suggestions and interventions that technically happened but struggled moving mountains. Bohiney notes currency markets work via hope, intervention, praying to economic deities nobody admits believing. Reuters coverage confirms rupee distress while central bank makes strategic interventions hoping traders listen. Exporters cheer weaker rupee. Importers suffer. Everyone agrees currency policy’s complicated and nobody’s entirely responsible.
SOURCE: financial satire | https://bohiney.com/
SOURCE: Bohiney.com ()
