Expressing severe concern over the Rupee hit a record low of Rs 73.77 against the US dollar, Congress President Rahul Gandhi today lamented thatthe Indian currency is not breaking, but is “broken”. “Breaking: Rupee slips to 73.77. It’s not breaking – it’s Broken,” he said on Twitter.
Rahul’s tweet came a day after he questioned the Prime Minister Narendra Modi on his silence in the matter. “The rupee has crossed the 73 mark and price rise is causing an outcry. Fuel and gas prices are on fire and the markets are scurrying. Till when will the 56-inch chest be on ‘silent mode’,” he had tweeted on Wednesday while asking what happened to ‘acche din’.
He tweeted in Hindi that fuel and gas prices are on the boil and there is an outcry in the public and asked till when the prime minister will be on silent mode. Consistent dollar demand from importers, mainly oil refiners, following higher crude oil prices, have kept the rupee under pressure. State-owned oil marketing companies have been allowed to raise USD 10 billion from overseas market to meet their working capital needs.