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”.
Modiji finally managed to do something that we couldn’t do in 70 years. pic.twitter.com/jCFH79YrCQ
— Congress (@INCIndia) August 14, 2018
Following this tweet, replies and retweets started pouring in. Few of the replies were –
भक्क्त हो तो ऐसा??? pic.twitter.com/IFoJUk3cF4
— Suraj Pandey (@SurajPa96419413) August 14, 2018
Commenting on ‘bhakts’ twitterrati tweeted
Wow modi ji wow …. fastest growing economy by IMF ,strongest leader among others, stable government ,slumped international oil price,struggling Chinese economy , blind bhakths nd media to support…. what else u want to make ruppe stronger ? …
— Anil Kumar (@AnilKum46908082) August 14, 2018
— Shashi (@shashitham) August 14, 2018
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
The Indian #Rupee just gave the Supreme Leader, a vote of NO confidence, crashing to a historic low. Listen to the Supreme Leader’s master class on economics in this video, where he explains why the Rupee is tanking. pic.twitter.com/E8O5u9kb23
— Rahul Gandhi (@RahulGandhi) August 14, 2018
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.