Lok Sabha elections and Fall of Indian Rupee….


A lot to understand from the way rupee behaves vis-a-vis electionsA lot to understand from the way rupee behaves vis-a-vis elections.
Look at the series of figures given below, of the Rupee – Dollar exchange rate for the months immediately preceding the Indian General election.
A.
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B.
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C.
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D.
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E.
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F.
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G.
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H.
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why does rupee get devalued every time, just before elections.
Only time this did not happen was 2004 elections when BJP
was in power and lost.