Oil is 23% higher then where the colier's land finance minister said would melt down the economy. Colier'sland is having a hard time to paying for the oil that if they had any brains they would have limited it's use as part of the development planning but since it's a stink hole with rampant corruption and high caste cronyism have let tata make a highly poluting low mileage car when colier's land can't afford the energy bill to build the inferstructure.
Even if the colier currency weakens the central bank will be doing everything possible keep the rate high to pay for the arab price gauging crude. This will lead to more inflation and lower earnings.
Demand for services is down as you can get competent staff at good rates why bring in smelly stupid coliers?
But keep on being a stupid racist colier I need a counter party for my short sales.