Rupee Breaches 94, Worst Fiscal Year Fall in Over a Decade
The Indian rupee has plunged to a record low of ₹94.83 against the US dollar, marking its worst fiscal year decline in more than a decade. The currency has depreciated by nearly 11% in FY26, driven by surging crude oil prices, foreign fund outflows, and escalating Middle East tensions. Key Highlights Pivot Analysis: Stakeholder Narratives…