Rupee Takes a Nosedive for the Seventh Time in a Row

Finance

TonyTony

Rupee Takes a Nosedive for the Seventh Time in a Row

Well, folks, the rupee just decided to take a nosedive for the seventh time—talk about dedication! It’s now floundering at 96.53 per dollar, weighed down by crude oil prices and foreign fund exits like a tech startup after a bad pitch. With Brent crude soaring over 50% since the West Asia conflict, it’s clear the rupee isn’t winning any popularity contests in 2026.