Indian Rupee vs. US Dollar : The Indian rupee fell below the 95 level against the US dollar for the first time on Monday. Due to which the opposition parties have strongly criticized the economic policies of the Central Government. Meanwhile, Samajwadi Party national president Akhilesh Yadav sarcastically said that there is a fierce competition going on between the rupee and the image of the BJP in the matter of falling.
Read:- If the government is formed, we will strengthen 1090, will give Rs 40 thousand to mothers and sisters… Akhilesh Yadav made big announcements for women in Dadri.
In fact, due to increasing pressure from global factors and continuous foreign capital outflow, the currency fell 0.3% to 95.20 per dollar. This comes after the Reserve of India RBI had recently taken several steps to curb volatility. The RBI’s move to tighten limits on banks’ forex positions provided only temporary support to the rupee.
On the historical fall of the rupee, Akhilesh Yadav wrote on It is at its peak.”
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