The Indian rupee has fallen to around Rs 80 per dollar. With this, imports ranging from crude oil to electronic products, foreign education and foreign travel are expected to become expensive, as well as the situation of inflation is expected to worsen. The opposition parties are attacking the Modi government on this issue. There has also been a debate on social media. At the same time, Bollywood actor Kamal R. Khan has also taunted.
KRK tweeted: When 1$ = ₹56, Modi ji was criticizing PM Manmohan Singh ji. Anupam Kher used to abuse Manmohan Singh. Today, when 1 $ = ₹ 80.05, then all these people are sitting silently, holding curd in their mouth, holding the repression of shamelessness.
With this, KRK wrote in another tweet that today no one cares what is the value of Rs. What are the prices? What is the state of the country’s economy? Everyone is busy in Hindu Muslim and Modi ji is also busy in throwing fakes. And I don’t blame him at all, because he doesn’t know much more than that.
Reactions by people: A user reacted to KRK’s tweet and wrote that Sir, take a look at USD to AUD. The AUD is considered one of the strongest sirens, but has lost 10% in value in less than 3 months. Whereas AUD to INR is relatively stable. That is, due to inflation, all currencies are going down. A user named Manmohan wrote that so many times the earring did not fall in the market of Bareilly, how many times did the rupee fall in today’s government? A user named Harsh wrote that with time everyone matures, now they understand the subject of economy, so when they have matured, they will complain.
When was 1$ = ₹56 So Modi Ji was criticizing PM Manmohan Singh Ji. People like @AnupamPKher were abusing Manmohan Singh Ji. Today when 1$=₹80.05 Toh Ye Sab Log Muh Main Dahi Jama Kar, Besharmi Ka Daman Pakadkar Chuchap Baithe hain.
— KRK (@kamaalrkhan) July 15, 2022
A user named Sunil wrote that not only India, but the whole world is struggling for the economy of the country. Had Modiji’s Jag Teri AAP or Congress been there, India would have been like Sri Lanka and the PM would have had to leave the country and run away. Thank you Modiji. I am in USA I know how bad it is in USA. Users named Aman write that everyone has their own shop, like you did not say anything on the Udaipur case, just like you talk one-sided, everyone is there.
Today nobody cares what is value of rupee? What are the prices? What is the economy condition of the country? Everybody is busy about Hindu Muslim only and Modi ji is too busy in doing Fekam Fek. And I don’t blame him at all, when he doesn’t know anything more than this.
— KRK (@kamaalrkhan) July 15, 2022
Why Rupee is falling: When foreign investors suddenly start pulling the rupee back from the Indian market, then the prices of the rupee start falling rapidly. In this year alone, foreign investors have pulled out more than two billion dollars from the Indian stock market. American-European central banks have increased their bank rates, investors are now seeing more returns from the Indian market in American banks, so they are withdrawing money from here and putting it back in their country. Its direct effect is visible in the prices of Rs.