Rahul Gandhi takes jibe as Rupee hits record low of 73.77 against US dollar

New Delhi, Oct 4 : Congress President Rahul Gandhi took a jibe at the Centre for failing to arrest the persistent decline in the domestic currency.The rupee crashed to a new all-time low of 73.77 against the US dollar on Thursday.

The Indian rupee on Thursday slumped to a fresh low of 73.77 to a US dollar as global oil prices continued to rise, deepening concerns about the current account deficit (CAD) and capital outflows.

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

At 12.50 p.m., 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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