Rupee's Decline: Political Blame Game Intensifies

The Congress has criticized the government for the depreciation of the rupee against the US dollar. Congress leader Jairam Ramesh referenced past comments by PM Narendra Modi about the rupee's value under the UPA regime, noting the lack of progress today despite government efforts.

The Congress party has launched an attack on the government, citing the depreciating value of the rupee against the US dollar as a point of failure in economic management.

Communications General Secretary Jairam Ramesh accused PM Narendra Modi of being silent on the issue despite previously criticizing the UPA government for similar currency declines.

Ramesh highlighted that despite efforts by the Reserve Bank of India to stabilize the rupee using foreign exchange reserves, the currency has hit its lowest value against the dollar, reflecting economic challenges.