India
Rahul Gandhi slams Modi Government as rupee sinks to new low
Congress President Rahul Gandhi took a jibe at the Centre for failing to arrest the persistent decline in the rupee, which was at a lifetime low of 73.77 against the dollar in early trade on October 4
Congress President Rahul Gandhi took a jibe at the Centre for failing to arrest the persistent decline in the domestic currency.
The Indian rupee on Thursday slumped to a fresh low of 73.77 to a US dollar, as rising crude oil prices and a worsening rupee raised concerns about capital outflows.
Rahul Gandhi tweeted: “Breaking: Rupee slips to 73.77. It's not breaking—it's Broken,” Gandhi tweeted.
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At 12.50 pm, the rupee had recouped some of its losses to trade at 73.61 against the greenback after opening at 73.67 at the Inter-Bank Foreign Exchange Market. It had settled at 73.34 on Wednesday.
The Congress has been attacking the Narendra Modi government over the rise in domestic fuel prices and a tumbling rupee.
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Inputs by NH Web Desk
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