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@bayface107 As per one theory floating around Twitter. With this deal A) RIL can close of some 15000cr worth of debt and use the rest for Jio's R&D. B) Facebook gets a stealth way of introducing LIBRA coin in Indian market which was banned by govt earlier. The plan is to rebrand LIBRAcoin...

@docrich Hey BTW, i heard RBI intervened in forex markets today. is it true?

@docrich Methinks these gains are transient, the real gains/losses would be seen only after the Finance bill passes.

@proverbs31womens Nope.. it has nothing to do with how much one prints but is based on demand and supply.

@proverbs31womens In terms of FX or Inflation?

@heliumskylark Printing money, by itself, does not cause inflation