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The Hindu
The Hindu
National
The Hindu Bureau

Rupee’s plunge to ₹77.4 to a dollar and further will bring unprecedented challenges, warns Rahul Gandhi

Rahul Gandhi Petrol India Randeep Surjewala United States US Dollar Bharatiya Janata Party Petroleum

After ₹100 for a litre of petrol and ₹1000 for one liquefied petroleum gas (LPG) cylinder, it’s now the Rupee’s turn to march towards 100, former Congress president Rahul Gandhi said on Monday as the currency touched a new low against the US dollar.

In a Facebook post, Mr. Gandhi warned that India “is in the middle of a huge economic crisis that will further worsen and “turn into something Indians have never witnessed before”.

“Rupee has fallen to an all-time low of ₹77.4 to a ($) dollar. The Prime Minister has already achieved his target of ₹100+ in petrol and diesel, and ₹1000 in LPG. Now it’s the Rupee’s turn to march towards 100,” the former Congress chief wrote.

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