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INR being killed in the FX market
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<blockquote data-quote="Spacescreamer" data-source="post: 1862575" data-attributes="member: 2286"><p>Read an article that the corrupt bureaucrats and politicians took away the cuts to such an extent, that the money which was left from the investors was only good enough for bringing in gfn chinese goods and sell those like resellers. No worthy investment was made in our own sectors and hence now we have debt staring at us in the face. Investors are bailing out and hence the steep drop in the Rupee's value.</p><p>We consumed the money more than invested in our country.</p><p></p><p>Despite everything, the Govt is not willing to bring any reforms to speed up action against corruption and instead is taking steps to tighten the noose on the few advantages the common man had to look upto.</p></blockquote><p></p>
[QUOTE="Spacescreamer, post: 1862575, member: 2286"] Read an article that the corrupt bureaucrats and politicians took away the cuts to such an extent, that the money which was left from the investors was only good enough for bringing in gfn chinese goods and sell those like resellers. No worthy investment was made in our own sectors and hence now we have debt staring at us in the face. Investors are bailing out and hence the steep drop in the Rupee's value. We consumed the money more than invested in our country. Despite everything, the Govt is not willing to bring any reforms to speed up action against corruption and instead is taking steps to tighten the noose on the few advantages the common man had to look upto. [/QUOTE]
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INR being killed in the FX market
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