The Indian rupee depreciated to 85.75 against the dollar on Monday, influenced by robust dollar demand from both foreign and domestic banks. Despite a weakening dollar index and gains in other Asian currencies, the rupee’s decline was tempered by likely RBI intervention through state-run banks. The rupee traded within a narrow band, impacted by oil companies and importer demand.
“Heads I win, tails you lose”: Rich Dad Poor Dad author Robert Kiyosaki warns on global banking, advocates gold, silver, Bitcoin
Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, criticized the global financial system as a ‘Heads I win, tails you lose’ game controlled by bankers.