Union Finance Minister Nirmala Sitharaman said that the value of the Indian rupee has not decreased but the value of the US dollar has increased.

Many condemned it, and many were sarcastic.

It is acceptable for the general public, people who don't know about it, but the media, which is supposed to give them the right message, also carries it negatively.

According to Nirmala Sitharaman, Vadivele satirizes the humorous “what a genius” meme by sharing it.

What a despicable act!

If concealing the truth is a crime, then knowing the truth and distorting it among the people is sheer hypocrisy.

If India's currency is depreciating against the US dollar, it doesn't mean that India's economy is bad.

This applies not only to India but also to any country. It is not the value of the US dollar that determines the economic growth of a country.

On the contrary, the value of the Indian rupee has grown more than other countries.

In other words, the currencies of other countries are depreciating.

No one can deny this! Because anyone can check the currency of each country.

If you go to the Google site and give the following, it will show a month, if you change it to a year, you will understand what the situation is.

INR to YUAN (China), INR to AUD (Australia), INR to YEN (Japan), INR to WON (South Korea), INR to Ringgit (Malaysia), INR to PESO (Philippines), INR to GBP (England), INR to New Zealand Dollar.

The currencies of the above countries have also depreciated like the Indian rupee against the US dollar.

But when compared to other countries, the higher dollar value against other countries is more than the higher dollar value against the Indian rupee.

A country's money that is more demanded and used globally has a higher value.

At present, the majority of fuel sales are in dollars. We need dollars for this.

It is what we give to get the fuel that comes in foreign exchange. Due to demand of dollar for fuel and gas, its value remains stable.

Hence, all companies and countries choose US dollar for online and other transactions.

Each country saves more and more dollars for general transaction needs with other countries.

So what happens when you buy too much? The dollar will appreciate.

Due to reasons like these there is demand for dollar. Therefore, when the demand increases, the value will naturally increase!

You don't need to be drunk on economics to understand this, just basic knowledge is enough.

Part 2 will be upload stay tuned for further update.