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Modi finally managed to do something that we couldn't do in 70 years: Congress on Rupee downfall

News Nation Bureau | Edited By : Nabanita Chakorborty | Updated on: 15 Aug 2018, 12:26:54 AM
Rupee crashes to 70.09 against US dollar; Congress hits our Modi govt (File Photo)

New Delhi:

As the Indian rupee crashed to an all-time low of 70.09 against US dollar on Tuesday, the Congress took to Twitter and slammed the Narendra Modi government. Taking a jibe at the Bharatiya Janata Party (BJP) regime at the Centre, the Congress said, "Modiji finally managed to do something that we couldn't do in 70 years." Along with the tweet, the opposition has also shared a screenshot of the exchange value, moments after it shook the entire share-market on Tuesday.

The tweet, which is being shared some three hours ago, has already garnered 2.1 likes and collected over 1,000 retweets. The comment-section, on the other hand, has been flooded with some funny remarks since being posted.

Read | After early recovery, Rupee crashes to all-time low of 70.09 against US dollar

The rupee on Tuesday collapsed to a lifetime low of 70.09 against the US dollar, falling 16 paise amid fears that Turkish economic crisis could lead to a global financial meltdown.

The ongoing currency turmoil in Turkey has dampened investors' sentiments globally. Investors are turning to dollar as safe haven with Turkeys currency lira crisis continuing since the last week.

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First Published : 14 Aug 2018, 02:34:20 PM