Rupee Flops Near 96 as Outflows Serve Up a Mess

Listen up, you culinary catastrophes! The Indian rupee is flopping around like a burnt soufflé, stuck near 96 per dollar. Foreign outflows are smashing it to bits, while the RBI is scrambling to whip it back into shape. At 11:30 a.m. IST, it’s at 95.97, barely holding on. Investors are tossing shares like yesterday's trash, and unless something changes, this dish is going to get even messier!