Comments by "红火树 RedFireTree" (@firetree2007) on "Gravitas: Is Indian Rupee "Asia's worst-performing currency"?" video.

  1. this a Karma, on September 20, 2020 , she just laughed at YUAN or RMB, now came the "Asia's worst-performing emerging market currency", karma never fail. 😁😁😁
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  2. Major export of India is not industrial products, but raw materials, agricultural, such as spices, or services, call centers, rupee devalue only helps India deplete more of its natural resources such iron ore or coal, will not help India's industry. at the same time, devalue of rupee will make the cost of importing oil rise and at the same time make fuel more expensive in India and in turn make the cost of industrial products rise and then make them less competitive in the world, therefore lower its export potential, so devalue of rupee is not that good for India's export.
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  3. she should save some time on mocking China everyday but go to a net or night school to learn some basic economics, :))
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  4. easy for borrowing more money will get more money in the market but with same amount of goods, and let people spend more money since interest rate is low no worth of saving money, and get inflation even higher, she is really good, thanks so much 😁
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  5. Again, it must be China's fault. RMB keep rising, but India keep buying from China, for the first 10 month, trade btw India and China has over $100 billion, with more than 40% in China's surplus, we thank India very much 🙏🙏
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  6. this is the tip of an iceberg, more will come out, 😁😁😁
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  7.  @porkysharma8423  exactly, she is very good at it, :)
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  8. when India got Independent in 1947, a rupee is a $1, it was very easy to know what the ratio was, with the year, it just dropped (increased) a rupee to $1, now the speed increased, 74 yrs after independence, now 76 rupee to $1. 😆😆😆
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  9. Palki, PM 2024!
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  10. this country under this system is getting worse everyday, but people are always so optimistic about the future, Superpower 2022! :) keep dreaming!
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  11. US always pushes RMB to get higher price since that will reduce the export of Chinese goods to US, but nobody cares rupee devalues, because, for example, China always got surplus in trading with India, so let it be Asia's worst-performing emerging market currency, or nothing at all, who cares, we do not buy things made in India anyway, we only buy raw materials such as iron ore, some coal, or even some rice for making wine, nothing important, nothing will affect our industrial products, anyway, Same for US, they do not care rupee devalue either, US only import some spices (mainly), or some services, so they do not care about rupee either.
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