⚠️ PARTIAL
INR will appreciate vs USD over 5-10 years
📅 Predicted 2023-24
🏁 Outcome USD/INR ₹95.3 — Jul 2026
🗂 India Economy · Accuracy: Wrong so far · Prediction #81 of 111
USD/INR moved from ~74 (2021) to 92.7 (Apr 2026) — opposite direction. Dr. Shah's 5-10yr thesis still open, but trend has been wrong. ‖ UPDATE Jul 3, 2026: INR slid further — ₹92.7 (Apr) -> ₹95.3 (Jul 2). The depreciation even cost India a spot in the IMF Apr 2026 rankings. Conditional sequence (US crash -> commodity bull -> INR strength) still not triggered.
🧾 The Receipt
x.com/ankitatIIMA — 2023-24. Said (full thesis, paraphrased): 'The INR will structurally appreciate against the USD — but this is a conditional, sequential prediction. First, the US equity market will crash on the scale of 1929 or the dot-com bubble. Second, global capital will flee to commodities — gold and silver — as real stores of value. Third, de-dollarization will accelerate. Fourth, and only then, BRICS currencies including INR will appreciate as the dollar weakens structurally. The INR may weaken further in the interim. I am right on the events, possibly early on the timing.'
Quote compiled from public statements (paraphrased). The dated search opens his actual timeline around the prediction date — check it in one tap. Have the original link?
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