Rupee’s fall sparks a war of words between the ruling party, Opposition
5 days, 3 hours ago

Rupee’s fall sparks a war of words between the ruling party, Opposition

Live Mint  

The Indian rupee's depreciation beyond ₹86 against the US dollar on Monday sparked a war of words between the ruling Bharatiya Janata Party and the opposition Congress party over the currency's economic performance during their respective terms. Congress leader Jairam Ramesh took a dig at Prime Minister Narendra Modi on social media platform X over the currency's depreciation, questioning Modi's commitment to making the South Asian currency stronger. BJP's IT cell head Amit Malviya, in turn, said despite the depreciation, the rupee remains one of the most stable currencies globally, bolstered by improved external conditions, reduced current account deficits, and strong foreign exchange reserves, with its depreciation over the past year outperforming other major currencies. News agency PTI reported on Monday that the rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59 against the US dollar during mid-session due to the strengthening of the American currency and surging crude oil prices.

History of this topic

Rupee falls 2 paise to 86.55 against U.S. dollar in early trade
3 days, 14 hours ago
Rupee is down. But is that a post-Trump norm for other currencies too?
3 days, 19 hours ago
Rupee recovers from record low to settle 8 paise higher at 86.62 against U.S. dollar
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4 days, 7 hours ago
Rupee recovers from all-time low of 86.64 to settle eight paise higher against the US dollar
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4 days, 8 hours ago
Trump Tantrum: Impact of new US presidency on Indian Rupee likely to be short-lived, says SBI Report
4 days, 12 hours ago
Rupee unlikely to find support in Asia FX’s slight recovery
4 days, 16 hours ago
Falling rupee may increase consumer woes
4 days, 19 hours ago
Rupee recovers from record low, rises 21 paise to 86.49 against US dollar in early trade
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4 days, 19 hours ago
Rupee dives 55 paise, deepest in nearly two years, to hit record low of 86.59 against US dollar
5 days, 10 hours ago
Rupee falls 27 paise to record low of 86.31 against USD.
Top News
5 days, 12 hours ago
Indian rupee falls to lifetime low of 86.31 against dollar; Sensex, Nifty down: 3 factors
5 days, 13 hours ago
Rupee hits all-time low of 86/USD for first time. Will it decline further?
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5 days, 19 hours ago
Rupee crashes 27 paise to hit all-time low of 86. 31 against US dollar in early trade
5 days, 19 hours ago
Rupee sinks 58 paise to 86.62-mark in worst fall in 2 yrs
5 days, 19 hours ago
Rupee falls for 10th straight week, hits all-time low amid uncertainty over Trump impact
1 week, 1 day ago
Rupee hits 86 against U.S. dollar, settles 14 paise lower
1 week, 1 day ago
Rupee falls 1 paisa to 85.87 against U.S. dollar in early trade
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1 week, 1 day ago
Options Pricing Suggests Rupee is Likely to Weaken Further
1 week, 1 day ago
Rupee hits all-time low, nears 86 mark against US dollar
1 week, 1 day ago
Rupee recovers from record low to settle 4 paise higher at 85.87 against U.S. dollar
Trending News
1 week, 2 days ago
Rupee falls 1 paisa to record low of 85.92 against U.S. dollar in early trade
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1 week, 2 days ago
Rupee falls 9 paise to hit record low of 85.83 against U.S. dollar in early trade
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1 week, 3 days ago
Rupee to face pressure as upbeat US data reignites dollar uptrend
1 week, 3 days ago
Rupee falls 4 paise to close at new record low of 85.83 against U.S. dollar
1 week, 5 days ago
Rupee plumbs new lows at 85.83; no relief seen on the horizon
1 week, 5 days ago
Why is the rupee weakening against the dollar? | Explained
2 weeks ago
Rupee logs 9th straight week of losses, analysts expect more weakness
2 weeks, 1 day ago
Rupee expected to weaken more in coming months
2 weeks, 1 day ago
Rupee falls 9 paise to close at 85.73 against US dollar
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2 weeks, 2 days ago
Slight reprieve for rupee likely as Asian peers recover
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2 weeks, 2 days ago
Rupee ends at record closing low for seventh straight session
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2 weeks, 3 days ago
Rupee falls 5 paise to 85.69 against US dollar in early trade
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2 weeks, 3 days ago
Rupee dips to record closing low, bearish bias tipped to persist in 2025
2 weeks, 4 days ago
Currency concerns: on the rupee
2 weeks, 5 days ago
Declining rupee means bad business for Indian shares, eyes now on Q3 earnings
2 weeks, 5 days ago
Rupee Volatility Surge Puts RBI’s Currency Strategy in Focus
2 weeks, 5 days ago
Indian rupee hits record lifetime intra-day low on Friday
3 weeks, 1 day ago
Top news on December 27: Rupee hits new low; tributes pour in for Manmohan Singh; hailstorm alert in Delhi, more
3 weeks, 1 day ago
5 factors pulling the Indian rupee down to record low: Trump, trade & more
3 weeks, 1 day ago
Rupee sinks 53 paise to hit new all-time low of 85.80 in mid session
3 weeks, 1 day ago
Rupee breaches 85.70 against US dollar, sees steepest single-day loss since February 2023
3 weeks, 1 day ago
Mint Quick Edit | Has the rupee weakened or strengthened?
3 weeks, 1 day ago
Rupee falls to hit all-time low of 85.16 against US dollar in early trade
3 weeks, 4 days ago
Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade
3 weeks, 4 days ago
The bad and good of rupee weakening against dollar
3 weeks, 4 days ago
Rupee slips to all-time low pressured by weak yuan, importer dollar bids
3 weeks, 5 days ago
Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar
4 weeks, 1 day ago
Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade
4 weeks, 1 day ago
Rupee hits all-time low against US dollar. Why is it under pressure?
4 weeks, 1 day ago

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