Rupee dips but foreign reserves soar to new heights!

On Friday, the rupee took a little tumble, sliding to 90.99 per dollar thanks to a strong dollar and global jitters. But hold your horses! The Reserve Bank of India swooped in to save the day, keeping it from hitting the dreaded 91 mark. Meanwhile, India's foreign exchange reserves hit a whopping $725.7 billion, setting a new record!