> The RBI has done a shitty job so far of regulating the Indian Rupee. I'm an Indian and my personal savings are now worth 30% less since 2009 on a global level

> The RBI has done a shitty job so far of regulating the Indian Rupee. I'm an Indian and my personal savings are now worth 30% less since 2009 on a global level (USD->INR went from Rs. 43 to a dollar to Rs. 62 now..) Eh? A currency's exchange rate cannot be merely "regulated" by a central bank. Even in some parallel world in which it could, what makes you think that a depreciating currency (vis a vis, say, the USD) is always bad and an appreciating one always good?