BJP govt responsible for rupee depreciation against US dollar: Selja
The former Union minister said neither Prime Minister Narendra Modi nor any BJP member is speaking up about this depreciation.
The former Union minister said neither Prime Minister Narendra Modi nor any BJP member is speaking up about this depreciation.
This morning, it crossed 81.50 against the US dollar. On Friday, it closed at 81.25. Notably, last Thursday's depreciation was the biggest single-day fall for the rupee since February 24.
On the other hand, silver plunged by Rs 468 to Rs 35,948 per kg against the previous close of Rs 36,416 per kg.
The International Monetary Fund has warned that the depreciation will jack up the prices of imported goods such as oil and petroleum products, potentially putting an upward pressure on inflation
