From Over 74 to less than 69 Against USD, INR Appreciated by Rs 5 (7%) in 6 months.

[Viny]

Our forex is increasing. How's that burning dollars?

Dont argue if you cannot understand the divine and pious logic. Indian govt is fooling us, modi is fooling us..the reality is different can be only seen to pious souls and not to bhakts.

 

[Chhatrapati]

Whether one should worry about something which is already crashing or a hypothetical scenario where something may crash in future. Couple of rupes of devaluation INR against USD will wipe out the equal amount against the scenario you quoted.

It is not hypothetical scenario. it is something that really happened after Crimea crisis and sanctions on Russia. A similar thing happened with Turkish lira.

I'm not saying currency swapping is all that bad, it is just a stop gap measure. The Modi government may have that in mind, this is not forever. Who knows?