The rupee touched an all-time low of 70.09 per US dollar on Tuesday, two days before Independence Day. As the news broke, Congress were quick to make political capital on social media and posted a sharp tweet directed at Prime Minister Narendra Modi and his government. "Modiji finally managed to do something that we couldn't do in 70 years," the official handle of the party tweeted, sharing a screenshot of the exchange value. About an hour ago, Congress President Rahul Gandhi also took a dig at PM Modi. In a sarcastic tweet, Mr Gandhi posted an old video of PM Modi's speech from 2012 in which he says the depreciating value of the rupee is because of "corruption in UPA".
"The Indian #Rupee just gave the Supreme Leader, a vote of NO confidence, crashing to a historic low," Mr Gandhi tweeted.
The Indian #Rupee just gave the Supreme Leader, a vote of NO confidence, crashing to a historic low. Listen to the Supreme Leader's master class on economics in this video, where he explains why the Rupee is tanking. pic.twitter.com/E8O5u9kb23- Rahul Gandhi (@RahulGandhi) August 14, 2018
Since being posted, Mr Gandhi's tweet has collected over 6,200 'likes' and more than 3,000 retweets.
Here's what Congress had tweeted:
Modiji finally managed to do something that we couldn't do in 70 years. pic.twitter.com/jCFH79YrCQ- Congress (@INCIndia) August 14, 2018
Within an hour of being shared, the tweet by Congress collected over 900 'likes', more than 500 retweets and quite a few reactions:
Hahaha..nice one- punit dhariwal (@punitdhariwal) August 14, 2018
To be fair, it would not be right to blame this increase on him. This is because of the Turkish Issue.- Kishore Nair (@kishorenair1) August 14, 2018
Man a Nri would be damn rich!!!- Indian Philosopher (@WyclifSamuel) August 14, 2018
That was quick https://t.co/kDUGPsC0h4- Mano (@mano1618) August 14, 2018
Here's how others on Twitter have reacted to the rupee's decline.
Finally, rupee secures FCD (First class with Distinction). Huge round of applause for everyone who's been instrumental in the rupees' success #RupeeValue- Ramachandra.M/ (@nanuramu) August 14, 2018
As India completes 71 years of Independence, #Rupee too is in a celebration mood, almost touches Rs 70 mark.- Devinder Sharma (@Devinder_Sharma) August 14, 2018
Rupee -- in independence day celebration mood. Rs 70/- to a Dollar after 71 years of independence.- Aditya Shukla (@Aditya20962) August 14, 2018
The rupee crashed to all-time low of 70.09 against the US dollar, reported news agency Press Trust of India.
Back in June, the rupee breached the 69 mark against the dollar, leading to reactions and jokes on Twitter.Click for more trending news
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