FIIs have sold something like over $3 bn in last 3 trading session.
That is like 30,000 Cr. I haven't seen such big selling ever, though I am not an avid follower of FIIs trades.
Treasury Bonds of USA have no buyers. Maybe there are but not the likes it use to be before the piling Internal Debt of now $40 tr +.
USA is printing money to pay Interest and to pay Social Security money.
The interest for $40 tr every year is $1 tr.
AI Overview
The U.S. government overspends by roughly $1.8 trillion to $2.0 trillion each year. In financial terms, this annual gap between what the government spends and what it brings in through taxes is known as the federal budget deficit.
AI Overview
In fiscal year 2025, the U.S. federal government collected $5.23 trillion in revenue and spent $7.01 trillion. Because spending outpaced revenue, the government ran a deficit of approximately $1.78 trillion.
Now there is no way, US can generate this kind of revenue, means $7 tr....means the deficit will keep going up. It will not Bankrupt but Dollar will lose it value. It has already Lost, but somehow the Financial Institution are able to keep $ strong against world Currencies.
I have been saying this since long at X that rupee value is determined not by actual demand and supply , but rather the Fin Insti of USA decides...Otherwise how come dollar keep losing value in US and still world currencies never goes up?
US is the center of Financial Institution of the Wolrd. They decide the Gold Price, they decide the Silver price, Crude Price, commodities price , Minerals, rare Earth etc etc..
and that is why it is said, US export Inflation to the world!
How by devaluating world currencies against $. $ has lost value in US. What one was able to buy with $10 , 4 yrs back, you don't get same thing now. You have to spend $15.
But $ remains strong against all currencies. They keep $ strong.
Goldman Sachs was short in Gold since last 14 yrs, Gold never went up in those yrs...Just went up last year or so....
They decide everything. Our Rupee value is also decided by them.
How come India with 7.8% growth, So many trade deals, so much of Apple phone Manf ,exporting going up, rupee still remains down? Our fiscal deficit is also good not like USA at over 120%+.
Their only reason to keep $ strong is, it is reserve currecy. Whether India has already started to dedollarise itself, like buying Russian Oil in Yuan or Rs ....
But Rs keep going down....