![]() ![]() However, many are surprised as to why Modi has failed to prevent the rapid downward slide of the Indian currency during his time as the country’s prime minister in more than eight years. He had famously likened the plunging value of the Indian rupee to the diminishing reputation of the country. Narendra Modi had left no stone unturned to embarrass the then Manmohan Singh government for devaluation of the Indian rupee against the US dollar. INR is falling against even Pakistan Currency & Bangladesh Currency. Pakistan Currency is gaining against USD while INR is falling. Rupee not sliding, dollar strengthening incessantly: Nirmala Sitharaman ![]() You can’t blame government for everything”: Nirmala Sitharaman #Sarcasm #RupeeFalls #RupeevsDollar #Rupee #dollar #dollarvsrupees #NirmalaSitaraman /9vYXWDsP7D Nirmala Sitharaman to dollar - /4MqRouhdUV Rupee hits a fresh record low, at 83 against US dollar. On Wednesday, the Reserve Bank of India holds its next policy meeting with an interest rate decision due at 12:30 AM EDT. USD/INR retreats to 79.80, after a three-day uptrend, as buyers run out of steam during Tuesday’s Asian session. “The Indian Rupee has performed much better than many other emerging market currencies,” Sitharaman had told reporters in the US a few days ago.įull video here /asacIkuA2A USD/INR - US Dollar Indian Rupee Analysis. Sitharaman had recently defended the fall of the Indian rupee against the US dollar saying that this was due to the strengthening of the American currency. The news of the Indian rupee reaching an all-time low against the US dollar evoked strong reactions from netizens, who began to poke fun at the Centre’s Narendra Modi government and its Finance Minister Nirmala Sitharaman. ![]() According to news agency PTI, the rupee had moved in a narrow range in the past three sessions on dollar selling by PSU lenders possibly on behalf of the RBI for curbing volatility and the US dollar index hovering near 112 level. ![]()
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