Re: [www.keralites.net] Elections and rupee fall

 

Of course the inflow of black money which become white money easily during the elections........

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From: prasannam n <iampresanam@yahoo.co.in>
To:
Sent: Thursday, 29 August 2013 5:48 AM
Subject: [www.keralites.net] Elections and rupee fall

 

A lot to understand from the way rupee behaves vis-a-vis elections.

Look at the series of figures given below, of the Rupee – Dollar exchange rate for the months immediately preceding the Indian General election.

A.

B.

C.

D.

E.

F.

G.

H.

why does rupee get devalued every time, just before elections.

Only time this did not happen was 2004 elections when BJP

was in power and lost.

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www.keralites.net

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