Rupee Takes a Dive as Crude Prices Flirt with $100

The rupee took a little tumble, dropping 21 paise to 94.95 against the dollar on Wednesday. Why? Crude oil prices are flirting with the $100 mark, thanks to some spicy US-Iran drama. But don’t worry, a weak dollar is like a safety net for our rupee. Traders are keeping an eye on inflation data, so stay tuned for more updates!