Indian Rupee Vs Us Dollar Poem by narayana aghalaya
Indian Rupee Vs Us Dollar
huge waves, choppy sea
ship totters, fear grips on-board
skipper should steady
should be calmed, our disturbed hordes
he knows; he has right tricks stored
the plunging rupee
sudden demand for dollars
Trump's trade wars, you see
this, our forex, can collar
Urjit's role can be stellar
- - -
Tuesday, September 11, 2018
Topic(s) of this poem: economy
POET'S NOTES ABOUT THE POEM
International Monetary Crisis-Indian Rupee is becoming cheaper vis-a-vis US Dollar.It seems there is a spurt in demand for US Dollar.
India has huge US$ reserves of the order of 450 billions. Our Central Bank, called Reserve Bank of India is well equipped to utlize this Forex (Foreign Exchange)stock, to releive the pressure on the Indian Rupee.
Dr.Urjit Patel is the Governor of Reserve Bank, and a well known economist.
collar-verb- to seize by the collar or neck; arrest, grab;
to get control of: preempt Merriam Webster
India has huge US$ reserves of the order of 450 billions. Our Central Bank, called Reserve Bank of India is well equipped to utlize this Forex (Foreign Exchange)stock, to releive the pressure on the Indian Rupee.
Dr.Urjit Patel is the Governor of Reserve Bank, and a well known economist.
collar-verb- to seize by the collar or neck; arrest, grab;
to get control of: preempt Merriam Webster
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5/5/2024 10:30:34 AM # 1.0.0.1119
