Congress takes swipe at PM Narendra Modi over rupees 'free fall'

The Congress on Monday took a jibe at Prime Minister Narendra Modi over the rupee's "free fall" in relation to the dollar and recalled his 2013 remarks as then Gujarat chief minister in which he had mocked the UPA dispensation.

The rupee opened at 89.46 against the US dollar before rising to 89.17,



up 49 paise from its previous close.

The rupee had plunged 98 paise to close at its lifetime low of 89.66 against the US dollar on Friday, due to a huge demand for the greenback in the domestic forex market amid widespread selling pressure in local and global equities and trade-related uncertainties.