Rupee at all-time low against dollar: NCP seek explanation from FM Sitharaman
NCP targeted Sitharaman for her remarks made at a press conference in Pune on Saturday that the rupee has ‘held back very well’ against the US dollar when compared to other currencies
The Nationalist Congress Party (NCP) has asked Union Finance Minister Nirmala Sitharaman to explain why the rupee has fallen to an all-time low against the US dollar. The rupee depreciated 43 paise to an all-time low of 81.52 against the US dollar in early trade today. At the interbank foreign exchange, the rupee opened at 81.47 against the greenback, then fell to 81.52, registering a fall of 43 paise over its previous closing.