On Rupee Hitting Record Low, Sharad Pawar Party's Dig At Finance Minister
NDTV
NCP targeted Ms 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) on Monday 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 on Monday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.
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.
The Sharad Pawar-led NCP targeted Ms 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.
