INDIAN RUPEE / U.S. DOLLARPenjualan
INRUSD - Indian Rupee Collapse UPDATE
My initial post on INRUSD was back on Sept 2022 more than 2 years ago.
My update is more of the same going forward. INR will continue to collapse despite its nominal economic growth.
When the economy is very small relative to its population, the growth rate doesn't matter as if a major economy like the US has similar growth. It's like comparing apples to oranges. But I certainly understand how people can be misled. That's why I am trying to explain it to you here today.
My update is more of the same going forward. INR will continue to collapse despite its nominal economic growth.
When the economy is very small relative to its population, the growth rate doesn't matter as if a major economy like the US has similar growth. It's like comparing apples to oranges. But I certainly understand how people can be misled. That's why I am trying to explain it to you here today.
Real Macro Economic Investing
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