Priyanka Gandhi questions PM Modi on rupee's record low and past criticisms

hindustantimes.com January 11, 2025, 03:00 PM UTC

Priyanka Gandhi Vadra criticized Prime Minister Narendra Modi for the rupee's decline, which has reached a record low of 86.04 against the US dollar. She recalled Modi's past comments linking currency value to government prestige during the UPA's tenure. The rupee fell 18 paise, driven by a stronger dollar and foreign fund outflows. This marks the first time the rupee has breached the 86-mark, reflecting ongoing economic pressures, including rising crude oil prices and negative market sentiment. Gandhi's remarks highlight a shift in the political narrative, as Modi, now in power, faces the same currency challenges he previously condemned. She called for accountability from the Prime Minister regarding the current economic situation.


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