‘Mehengai’ is the current hot top in the country. Jahan bhi jao, people are cursing the center for not taking adequate measures to control the price rise in the country and the alarming fall of the Indian Rupee.
The same topic was picked up in the parliament by the opposition asking for reasons for the Rupees’ poor performance against the US dollar.
As the finance minister of the country, Nirmala Sitharaman decided to address the elephant in the room and cited the cause behind this happening.
Sitharaman asserted at the Rajya Sabha that there’s no collapse of the unit. In fact, it’s actually finding its ‘natural course’, reported The Telegraph.
During the Question Hour, she went on to inform, “The RBI interventions are not so much to fix the value of the Indian Rupee because it is free to find its own course.”
Indian Rupee has not collapsed; it is finding its own course: FM Nirmala Sitharaman
Details: https://t.co/IuZhLWkkOK pic.twitter.com/vcbee0KJf7
— Asianet Newsable (@AsianetNewsEN) August 2, 2022
She added that RBI interventions won’t fix the value of the Rupee. They would intervene to ‘monitor the local currency and only if there is volatility.’
“Even the interventions being made by RBI are not so much to determine the value – increase or decrease, of the Indian rupee. It is not for that. It is more to avoid the volatility and allow it to find its course.”
She further divulged, “Actually, if you compare the Indian rupee versus other currencies, it is appreciating in its value. I would like to assure the member that there is no collapse of the Indian Rupee.”
Her statement didn’t convince people online who tried to make sense of it by making jokes about it.
Rupee be like…. https://t.co/nPCjBIX3W7 pic.twitter.com/E7FNYZvnLb
— Stoned Gandhi (@StonedGandhi) August 3, 2022
My paper is not rejected. Its finding its own course… *SAME FEELS* 🙃🙃
— Shubham Misra, Ph.D. 🧠⚛️🇮🇳🇺🇸 (@Shubham_Neuro) August 4, 2022
Baba Ramdev finding his own course . pic.twitter.com/6SCnxhH6St
— Mayur ☮️🕊️ (@Mayur9x) August 3, 2022
Yeh rupee hai ya Imtiaz ali ki film ki main protagonist?
— Sourav(সৌরভ) (@Sourav_3294) August 3, 2022
Kaun Hai yeh log ? Kaha se aate hai yeh pic.twitter.com/1ZGug0V4N0
— ⚽ Captain Tsubasa ⚽ (@cpt_t88) August 4, 2022
Rupee : musafir hun yaaron, na ghar hai na thikana…mujhe girte jana hai bas girte jana
— SwatKat💃 (@swatic12) August 4, 2022
Rupee after finding its new course pic.twitter.com/dB3EkRFVg9
— Dr Snow 🧩 (@zyadaahorahahai) August 3, 2022
Ek raasta hai zindagi,jo tham gye(girte girte) to kuch nhi..
— Shivansh (@Shivans15514335) August 4, 2022
Loose motions nhi hue hai, poti is finding its own course
— Viz (@4_viz) August 3, 2022
My career is not collapsed, it is finding its own course. God, Nirmala Sitharaman is so motivating.
— Reshma🦷 (@Chai_Coffee_etc) August 3, 2022
My exam mark hasn’t reduced. It is just finding its own course.
— Digjoy Roy (@DigjoyRoy) August 3, 2022
Global warming nahi hua ji, hum jyada garam ho gaye. pic.twitter.com/antBCBnMGM
— Swapnil (@swapnilkharat) August 3, 2022
Now I know what Sitharaman meant, thanks to these hilarious jokes!