.........And so on. All because of poor governance. Foreign investment does not need an invitation. It pours into economies that are dynamic and progressive. We are far from that. No wonder the rupee stayed put at 59-60 to the dollar and did not respond either to the RBI or to the government. That is the new saddle point we have to get used to.
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Tuesday, July 23, 2013
Time to get used to a weak rupee
.........And so on. All because of poor governance. Foreign investment does not need an invitation. It pours into economies that are dynamic and progressive. We are far from that. No wonder the rupee stayed put at 59-60 to the dollar and did not respond either to the RBI or to the government. That is the new saddle point we have to get used to.
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