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That sinking feeling: Rupee@100 is a mental fear, not macro nightmare

Posted on May 22, 2026
By Business News Today
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1 min read

That sinking feeling: Rupee@100 is a mental fear, not macro nightmare

The rupee is under strong pressure due to rising global crude oil prices driven by Middle East tensions, briefly hitting an all-time low of 96.96 against the US dollar before recovering slightly with central bank support.