Indian Elections and fall of Indian Rupee

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A lot to understand from the way rupee behaves vis-a-vis elections.

Look at the series of figures given below, of the Rupee – Dollar exchange rate for the months immediately preceding the Indian General election.

A.

B.

C.

D.

E.

F.

G.

H.

why does rupee get devalued every time, just before elections.

Only time this did not happen was 2004 elections when BJP

was in power and lost.

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