Rupee Takes a Dive: What’s the Damage for You?

The Indian rupee just took a nosedive, dropping 11% against the dollar—thank you, West Asia conflict! Now, if you thought $1 was a bargain at ₹83, brace yourself for ₹93. Imports are about to get pricier, and students are feeling the tuition pinch. But don’t panic; the RBI’s got a cool $690 billion to cushion the fall. Gold? Forget it—it's like betting on a tech startup with no product.