Wisecracks on the currency4 min read 10 Oct 2013, 01:00 PM IST
If the general public’s understanding of the rupee is devoid of nuances for a good reason, the official response is thoroughly appalling
The reversal of the rupee’s depreciation is disheartening. No, I did not mean just for software companies or the non-deliverable forward market participants. What will happen to the civil society-funded cottage industry of jokes on the currency’s fall? We have seen or heard many of them, starting from actor Kabir Bedi likening the rupee to his age (“senior citizen"), down to the more recent one which says that the rupee does not “appreciate" these comments.
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