In the 19th century, large increases in the quantity of silver production caused a precipitous drop in silver's value. This lead to a steep decline in the rupee's value. From 1927 to 1946, the rupee was pegged to theBritish pound.10 It was then pegged to the U.S. dollar until 1975....
A serious meditator and student of Buddhism for many decades (and a fellow graduate of my alma mater, Brown), he's one of the only people in Silicon Valley who could talk with equal authority on structuring multihundred- million-dollar rounds of private equity financing and the finer points...
In the 19th century, large increases in the quantity of silver production caused a precipitous drop in silver's value, leading to a steep decline in the rupee's value. From 1927 to 1946, the rupee was pegged to theBritish pound. It was then pegged to the U.S. dollar until 1975. Curr...