The fight between the Dollar and the Rupee
Description
In this episode, Deepak and Shray dive deep into the dynamics of the Dollar-Rupee equation. With the rupee at 85 to the dollar, what does this mean for us as investors and consumers? Are we losing 3-4% in dollar terms every year without realizing it? And if so, does investing in global assets provide a better hedge? Join us as we break down historical trends in the exchange rate, the RBI's role as the on the same and why inflation differentials drive the long-term trajectory of currencies (or why they may not in this case). Along the way, we explore everything from dosa economics to the peculiarities of India's remittance-driven current account. Packed with insights and a dash of irreverence, this episode is a must-listen for anyone trying to make sense of exchange rates and their impact on real wealth.