Fierce contest for downfall between rupee and BJP's image: Akhilesh Yadav

Amid the rupee’s continued decline against the US dollar, Akhilesh Yadav on Tuesday took a swipe at the BJP, saying there is a sharp contest between the currency and the party’s image in terms of falling further.

He alleged that the BJP’s image is deteriorating as more cases of alleged corruption and misconduct involving its leaders and associates come to light.

His remarks came a day after the rupee briefly crossed the 95-per-dollar mark in intra-day trade before recovering to close at 94.70, amid volatility triggered by escalating tensions linked to the Iran conflict and broader global market uncertainty.

"In the race to fall lower, there's a fierce contest underway between the rupee and the BJP's image," Akhilesh wrote in a post on X in Hindi.

"As the misdeeds, scandals and corruption of BJP members are being increasingly exposed, the BJP's image keeps plummeting further," he claimed.

"Revelations about BJP members and their associates are indeed happening, but no resignations are forthcoming," Yadav said without elaborating.

He further alleged that the Bharatiya Janata Party has long faced “moral bankruptcy”, adding that it has now reached its “absolute peak.”