Rupee Takes a Plunge: Hits Record Low of 96.90 Against Dollar

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Rupee Takes a Plunge: Hits Record Low of 96.90 Against Dollar

Hold onto your hats! The Indian rupee just plummeted to a record low of 96.90 against the US dollar on Wednesday, dropping 20 paise like it’s a hot potato. With oil prices skyrocketing and tensions between Iran and the US heating up, the forex market is a wild ride. The rupee's been struggling, and the stock market isn't lending a helping hand either!