Voting For L'Alliance Du Coeur is Voting For Rupee Depreciation

Of the systematic and unreasonable variety and that for at least a couple of reasons. The first one is that Bheenick will probably be told to leave the Central Bank. We shouldn't underestimate the benefit of having had Manou there for the past three years.

The second reason is they will probably replace him with someone like Basant Roi, Khushiram or some fellow with a strong depreciation bias. They could even have Sithanen as the new Governor because they haven't got over the way he was sidelined, have they?