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 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.

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.

Inputs by NH Web Desk