Mr. Chidambaram, Former FM,
This Nation would like to remind you few things if you have forgotten due to your sickness in Tihar, or head-weight of articulating skill, or to proof Congressmen that
It is in record that, in May 2013, 1 US$ was = 54 Rupees. By August 2013, 1 US$ = 68 Rupees. In just 2.5 months, Indian currency crashed 27% ! Do you remember Mr. PC?
It means India could collapse at any time. I'll remind and refresh your memories as follows.
At that time, you the great FM, popularly called PC(of C Company fame)
Then what happened is more important. NRIs borrowed money from there and invested here - making millions of Dollars in arbitrage alone in cool, you and your family know it better than anyone.
Two years later, in 2015, when Modi Govt had to honour the repayment, global analysts (incl. Indian economists) thought that the Rupee will hit ₹80/or 100/ against 1US$.
Nothing like that happened. Instead our foreign exchange Reserves
Mr. PC,
You must be silent that time or may be busy to manage your ill gotten US$
Mr. PC, Congi stooges and Modi haters, what I want to highlight is something different. As follows:
In August 2013, along with the Indian Rupee, Venezuela's currency BOLIVAR was exchanged at 68 Bolivar against 1 US$.
My real intention of explanation and worst part of the irony is, Venezuela has the highest global oil reserves,
Believe me or not (it's your choice), but had not Modi led the BJP Govt and come to power in 2014 - believe me - India would have been the biggest Venezuela within 10 years. Yes Modi haters will keep instigating you by onion video or jokes