
Why Capitalism Needs Imperialism To Drain Wealth From the Global South, w/ Marxist Economist Utsa Patnaik
Rania Khalek Dispatches
00:00
How to Express Your Dollars and Francsad Et Cetera
The exchange rate of the indian rupee to the dollar was three rupees could buy one us Dollar. The repey payment to the indian exporter came out of taxes in the indian budget. So you can express all your dollars and francsad et cetera, in terms of sterling. You send that bill, either by post or by telegraphic senda transfer,. He puts that bill in an exchange bank in india, and he is paid rupees.
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