Mr. Ajith Nivard Cabral, the former governor of the central bank, said that about 500 million dollars by way of loans have come to the country through various methods at an interest rate of 25%, and due to this, the value of the rupee has artificially increased temporarily.
He pointed out that this system is called HOT MONEY and that the rupee is going to fall again by taking the related money in a short period of time.
