Rupee Hits Historic Low, Slips Beyond 96 Against Dollar | Is ₹100 Per Dollar Coming Next?

The Indian rupee has slipped past the historic 96-per-dollar mark for the first time ever, hitting a fresh record low of 96.05 against the US dollar. The sharp fall comes amid rising crude oil prices, persistent foreign fund outflows and strong global dollar demand. Markets are now worried whether the rupee could inch closer to the 100-per-dollar mark in the coming months. What does this record depreciation mean for inflation, fuel prices, imports and investor sentiment? On Business Today TV, Sakshi Batra speaks with Sunil Shah, Fund Manager at SRE PMS, who explains why the rupee is weakening, how FIIs are impacting markets and what steps the government and RBI are taking to control the slide. #Rupee #RupeeCrash #DollarVsRupee #INR #IndianRupee #RupeeAt96 #ForexMarket #BusinessToday #Inflation ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday X: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/