BREAKING NEWS
Siddaramaiah says confident of winning all three bypolls in Karnataka
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Gautam Adani charged in US with USD 250 mn bribery, fraud
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K’taka govt committed to offering all possible support to investors, says CM Siddaramaiah
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Clear indication of govt’s ‘economic blunders’, ‘mismanagement’: Cong on rupee hitting all-time low
PTI, Aug 6, 2024, 4:45 PM IST
The Congress on Tuesday slammed the Centre over the rupee slumping to an all-time low of 84.09 against the US dollar and said this was a clear indication of the government’s “economic blunders” and “mismanagement”.
The rupee slumped 37 paise to settle at an all-time low of 84.09 against the US dollar on Monday, following a sell-off in broader global markets amid rising geopolitical tensions in the Middle East and worries over recession in the US.
The rupee recovered from its all-time low level and settled for the day 16 paise higher at 83.93 (provisional) against the US dollar on Tuesday.
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