Rupee Takes a Dip as Oil Prices Soar Past $100

The rupee took a little tumble, dropping 25 paise to 95.33 against the dollar as oil prices hit the $100 mark. Traders are sweating bullets over rising oil costs and a strong dollar, making everyone a bit jittery. The rupee opened at 95.15 but lost ground quickly, and experts warn that high oil prices could keep pushing it down further. Hold onto your wallets, folks!