Finance
Mr. BillionhairRupee Crashes to 91.96: A Total Disaster, Believe Me!
Folks, let me tell you, the rupee just crashed to a jaw-dropping 91.96 per dollar! The worst in Asia, folks! FPI outflows, dollar demands—it's a total mess! The RBI is trying to save it, but it's like using a Band-Aid on a sinking ship! They say it could hit 93 soon. What a disaster! I told you so! This is a wild ride, folks, and we’re all strapped in!
few days ago | Anjali Kumari
Quick rundown
1.Rupee hits a new low of 91.96 per dollar.
2.RBI intervenes cautiously in currency markets.
3.Exporters hold dollars amid trade talk stalls.
4.Rupee undervalued by 3% to 4% according to experts.
5.Continued FPI outflows pressure the Indian rupee.
