GgoogleIN first seen 1 d ago, last 1 d ago, peak #2

Dollar surge and repo rate hike spark Congress attack on Modi

Original: டாலர்

Tamil media and political circles are debating the weakening rupee against the dollar, with the Congress blaming the Modi government for policies it says are breaking the backs of ordinary people. The opposition has also criticised the Reserve Bank of India's repo rate increase, arguing higher borrowing costs add to household financial strain at a time of currency pressure.

Why now: The rupee's fall against the dollar and the latest repo rate hike have become a political flashpoint between the Congress and the BJP.

Narendra ModiCongressReserve Bank of Indiarupeedollar

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