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Congress’ sharp reaction after rupee hits new of 70 to US dollar

By Newsd
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Indian rupee crashed to all time low of 70-mark against US dollar for the first time on Tuesday. The new low of 70.09 in the currency has opened windows to the opposition parties to react on it. Congress has come up with sharp remarks on Twitter aiming at PM Narendra Modi and his economic strategies. Congress official handle tweeted, “Modijii finally managed to do something that we couldn’t do in 70 years”.

Following this tweet, replies and retweets started pouring in. Few of the replies were –

Commenting on ‘bhakts’ twitterrati tweeted

Rahul Gandhi too shared an old video of PM Narendra Modi where he is talking about the falling value of rupee over US dollar like an expert in Indian economy during the UPA government. He tweets

This is the situation where India’s central bank’s intervention will also prove to be of no help due to global factors. According to the secretary of the department of economic affairs, Subhash Chandra Garg, rupee is still performing better than some other currencies.

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