Sunday, January 15, 2012

Dollar vs Rupee and Swiss Bank/FDI Links

The US Dollar was hovering around Rs.44-45 two months back. Why did it suddenly rise almost 20% to Rs.54?

Does it have a direct connection with Sonia Gandhi's treatment of an unknown disease in the United States?

Could that disease be Corruption and the Swiss Bank Account money being transferred to India through some method?

Rumours say :

Sonia Gandhi was not suffering from any disease. She had gone to US to meet major players in the Retail sector and have an understanding to allow them Foreign Direct Investment in the Multi Retail Sector in India. Some big industrialists in India are known to be having tie up with most of these major players in the US.

On one side, due to strong resistance by the opposition and allied parties of the UPA Government, the FDI could not go through and it was shown that foreign investments are going out of India due to which the RBI is losing foreign currency and the dollar is rising. In the hiding, some huge amount of foreign money owned by someone was coming in and being converted into Indian Rupee. Someone is expected to gain a huge amount out of such transfer and conversion.

Is this correct? Why is the Indian Government hesitating in disclosing all the names of the Swiss bank Account holders? Why is the Government cheating the citizens of India? Or they want to disclose a few account after the major money is already converted?

The people should wake up and ask the Government to disclose all accounts, the names of account holder, the date from which they are held, the transactions in those account so far and the current balances.

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