Rupee's Magical Decline: Oil Prices Cast Inflation Spell

In a dazzling display of financial wizardry, the rupee, like a wayward spell, tumbled past the 96-dollar mark for the first time in nearly two moons. The surge in crude oil prices brewed inflation fears, as the Reserve Bank of India struggled to cast timely interventions, leaving importers to swarm like mischievous pixies in search of gold.