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We have always thought that USDINR is a function of inflation & interest rates prevalent. That there is a cause and effect relationship and this can't be thought the reverse way. Why is it difficult to think that this derivative equation is a vector, i.e. moves only in one direction? Why can't we influence the interest rates & inflation in the economy by tinkering with USDINR?
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Sharing operational numbers of a PSU company. It will be an interesting read for people who are dug deep in capital markets and who invariably talk about value ..
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