1/13. Data on Exports/GDP and USDINR shows Rupee weakness has not helped to increase Indian exports. Why weaken the Rupee unnecessarily?

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
2/13. Also... REER overvaluation does not restrict exports, weak REER does not promote exports. Why weaken the Rupee unnecessarily?

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
3/13. Exports are correlated with imports, not with Rupee. Why weaken the Rupee unnecessarily?

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
4/13. Crude is a barometer of global trade and GDP growth. Exports and imports rise/ fall with Crude. Why weaken the Rupee unnecessarily?

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
5/13. Exports show close positive relation with Investments. To increase exports, we should increase Investments, not weaken the Rupee.

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
6/13. Since 2007, Rupee down 77%, yet exports down 5%! Also Investments down 25%. Currency weakness is wrong medicine for export weakness. Increase Investments instead.

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish
7/13. NIIP will always deteriorate, FX Reserves will never catch up. Buying $ to increase FX Reserves war chest will weaken Rupee forever.

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
8/13. Rupee weakness eats into $ returns of FPIs. Continued Rupee weakness could repel FDI also, crippling exports. Why weaken the Rupee?

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
9/13. Sensex/USDINR needs remain > 350 to keep long-term bullishness alive and attract FPIs and FDI. Do not weaken Rupee unnecessarily.

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
10/13. Since Aug-19 RBI has overriden its own FX policy of “not targeting any level, only smoothening volatility”. Why weaken the market?

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
11/13. Gold & Crude can fall, enabling India to attract investments to fuel exports, growth. Rupee weakness can scuttle this opportunity.

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
12/13. Lower Crude > lower CAD > stronger Rupee > higher Investments > growth in exports, GDP. Weak Rupee can kill this opportunity.

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
13/13. Post-1947 Rupee-weakness can end now, else weak-Rupee policy risks 172. Can kill investments, exports, growth. No hara-kiri please!

https://colourofmoney.kshitij.com/rbi-risk-172/ 

@DasShaktikanta @RBI @sanjeevsanyal @ananthng @NileshShah68 @chokhani_manish @latha_venkatesh
You can follow @VikramMurarka.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:
Those who think consciousness raising & movement building are disconnected, or even a distraction from electoral politics have not paid attention to the history of social change.In this thread, we
Read more
The 2020s will be known as the Remote Work decadeA few predictions of what is likely to emerge[ a thread ] Third Space: Office and Working from Home will
Read more
1/29: Have you ever had a concept explained to you that helps frame complex issues you’ve been wrestling with and opens your eyes to new possibilities? A concept that I
Read more
By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.