Dont worry if Rupee falls to 70 par

If Rupee breached above 70 per US Dollar, that is due to demonetization drive by government. Cash crunch is seen in the economy now. If a person is spending rs. 1000 and this money is transferred one day through 3 person, the money of rs. 1000 create rs. 1000 x 3= rs. 3000. Now people spend rs. 100 instead of rs. 1000. So the money in circulation comes down from rs. 3000 to rs. 300. The flow trimmed will reduce inflation, later when govt reinvests will create more jobs to jobless. Wait and watch. Not like Manmohan singh theory, in long run every thing is dead. Only congress with black money is dying.

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