The Congress on Friday targeted Prime Minister Narendra Modi over the fall in the price of the rupee against the dollar and claimed that he would accept a century of rupee.
The party’s social media department chief Supriya Srinet claimed that the price of rupee has fallen by 50 percent in Prime Minister Modi’s government and the rupee is not recovering despite the Reserve Bank spending billions of dollars from foreign exchange reserves.
The rupee rose by 18 paise to 86.26 per dollar on Friday in early trade on Friday amid softening in positive domestic stock market and the US currency index. The rupee closed at 86.44 against the US dollar on Thursday with a decline of nine paise.
Srinet showed ‘Magnifying Glass’ at the press conference and said, “I am looking for how far the rupee has gone?” Along with this, I am also looking for how far the dignity of the Prime Minister has fallen? Today, even after finding the rupee, you are not getting it, it is going on falling, not handling it. The rupee is ready to dive on 87. No one should tell Prime Minister Modi that a century of rupee is not to be scored, the rupee has to be handled. ”
He sarcasted, citing an old comment by Prime Minister Modi, “A great great economist said that as the rupee falls, the Prime Minister’s reputation falls.” It is heard that excavation is going on at the Prime Minister’s residence and it is being found that the Prime Minister’s reputation has fallen into which pit. This is because the rupee is trying to cross 87 at its lowest level. ”
According to Srinet, when Narendra Modi became the Prime Minister of India in May 2014, the rupee was priced at 58 against the dollar. He said, “One dollar was worth 58 rupees in May 2014 and the price of 1 dollar in January 2025 is 87 rupees.”
Srinet alleged that Prime Minister Modi has given a “dutation” to the value of the rupee up to 50 percent.
The Congress leader said, “The situation is that the Reserve Bank has put full force to save the rupee.” In September 2024, the foreign exchange reserves were $ 704 billion, but since then it was spent $ 80 billion i.e. 6,83,000 crore rupees to save the rupee, but the rupee is no more. “He claimed,” Prime Minister Modi is busy scoring a century of money.
It seems that the rupee is running away and Prime Minister Modi is raising slogans from behind, this time 60 crosses, 65 across, 70 crosses, 75 crosses, 80 crosses, 85 crosses .. Now 87 will also be crossed. Narendra Modi is determined, he will continue to score a century of money. ”Shrinet said that the government should tell what step she is taking for the stability of the rupee.