This is absolutely stupid - To curb rupee fall, regulators toughen FX derivatives rules. http://economictimes.indiatimes.com/articleshow/20962471.cms …
@RMantri Agree. V hv 2 solve core reasons y Rupee is wrst performing emerging mkt currency. Lack of reforms, hi CAD, clpsd investment cycle
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@amisht It is such a mess. Weak rupee, inflation destroying purchasing power, Govt responds by curbing gold imports, banning derivatives. -
@RMantri I know. V can afford to pay for food and essentials. But d poor r really suffering. Collapsing Rupee will revive inflation strongly -
@amisht Oil has risen, rupee has declined. Double whammy. Now, gas prices too increased.
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