Trade means little when compared to capital flow. This is what most do not understand. What do companies do once they get the Rupees? What do they buy?
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Trade means little when compared to capital flow. This is what most do not understand. What do companies do once they get the Rupees? What do they buy?
I don't know what they do, because TradFi is a black box.
I'm guessing they might be stacking BRICs currencies for the announcement that they're backed by gold, while using the USD to continue business operations.