Why not recall speeches of Modiji, Sushmaji and likes of Jaitleyji prior to 2014 elections when they were very critical about Dr Manmohan Singh govt and were quick to promise to bring in measures for Re to be sronger to the level of 50 per dollar. Please note that crude prices were hovering above 100 $ per barrel, compare this with crude prices around 70 % per barrel and Re nosediving to 73 per dollar. The main reason for this is private refineries in India processing crude pumped in Indian teritory are peing paid as the international crude prices. This must be stopped forthwith.
We recollect Rs.1 was equal to $1 in 1950 or so, today Rs.100 is equal to Rs.1 of 1950. Modi would have demonetised the total currency in phased manner removing at least one decimal so as to handle lesser currency in pocket.
Re: $
by Prakash Bedekar on Oct 08, 2018 11:22 AM
It is now clear that main purpose of demonetisation was allowing black money stashed in various currencies to be officially deposited in various and or benami accounts by few priviledged friends of BJP
