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Rahul takes jibe as rupee sinks to new low

Thursday - October 4, 2018 1:04 pm , Category : BUSINESS
 Rahul takes jibe as rupee sinks to new low
Rahul takes jibe as rupee sinks to new low
New Delhi Oct 4 (IANS) Congress President Rahul Gandhi took a jibe at the Centre for failing to arrest the persistent decline in the domestic currency.
The Indian rupee on Thursday slumped to a fresh low of 73.77 to a US dollar as rising crude oil prices and a worsening rupee raised concerns about capital outflows.
"Breaking: Rupee slips to 73.77. It s not breaking -- it s Broken " Gandhi tweeted.
At 12.50 p.m. the rupee had recouped some of its losses to trade at 73.61 against the greenback after opening at 73.67 at the Inter-Bank Foreign Exchange Market. It had settled at 73.34 on Wednesday.
The Congress has been attacking the Narendra Modi government over the rise in domestic fuel prices and a tumbling rupee.

--IANS and/in/shs