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Rahul Gandhi takes jab at government as rupee sinks to new low, tweets that currency is 'not breaking but broken'
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Rahul Gandhi takes jab at government as rupee sinks to new low, tweets that currency is 'not breaking but broken'

Indo Asian News Service • October 4, 2018, 13:52:23 IST
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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.

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Rahul Gandhi takes jab at government as rupee sinks to new low, tweets that currency is 'not breaking but broken'

New Delhi: 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. “Breaking: Rupee slips to 73.77. It’s not breaking — it’s Broken,” Gandhi tweeted.

#Breaking: Rupee slips to 73.77

It's not breaking - it's Broken.#Rupee

— Rahul Gandhi (@RahulGandhi) October 4, 2018

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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