Rupee Wobbles, But India's Reserves Are Absolutely Massive!

Folks, the rupee is wobbling! On Friday, it took a dive because of a strong dollar and those sneaky US Treasury yields. But don’t worry! The Reserve Bank of India came to the rescue, keeping it from crashing past 91! Now it’s at 90.99—just a little dip! And guess what? Our foreign exchange reserves are skyrocketing! Tremendous news, folks!