New Delhi: Bharatiya Janata Party (BJP) president Amit Shah on Saturday blamed international developments for the skyrocketing fuel prices and the depreciation of Indian rupee and asserted that the Narendra Modi-led Centre will soon come out with a solution. Also Read - 'If Kangana Ranaut Had Said She Took Drugs, NCB Should Conduct Probe', Says BJP Leader Pravin Darekar

Speaking to reporters in Hyderabad, Shah said,”The increasing petrol and diesel prices and sliding rupee against dollar are a cause of concern for both the BJP (Bharatiya Janata Party) and the government. It was due to some developments that took place globally. (The) Trade war between US and China and issues between the US and oil producing countries. Because of these global reasons these developments are taking place.” Also Read - 'I Never Wear Mask, so What,' Says Madhya Pradesh Home Minister; Tempers Remarks After Drawing Fire | WATCH

Furthermore he added,”We are also concerned about this. Solution is also being found out. Within short time, the government will take a stand on these issues and come out.” However, Shah made it clear that the impact on rupee was ‘far less’ than compared to other currencies. Also Read - Not Justice For Sushant Singh Rajput, It's Justice For Gupteshwar Pandey: Rhea Chakraborty's Lawyer Reacts to Bihar DGP Taking VRS

The rupee touched an all-time low of Rs 72.91 per US dollar on Wednesday and closed at Rs 71.85 on Friday. Fuel prices, too, have been breaking records for some days with petrol selling at Rs 81.28 in Delhi and Rs 89 per litre in Mumbai.

On being asked about the arrest warrant issued by the Dharmabad court in Maharashtra against TDP chief and Andhra Pradesh Chief Minister N Chandrababu Naidu, Shah said the ruling BJP had got nothing to do with it. He said there were Congress governments in both Andhra Pradesh and Maharashtra during 2010 when the case was taken up by the court. “Now Chandrababu is trying to have tie up with those pursuing vendetta against him. He was trying to gain sympathy out of the issue,” Shah added.

The warrant was issued in a case related to an agitation that Naidu, then in the Opposition in united Andhra Pradesh, undertook over Babli project on Godavari river in 2010.