The Indian Rupee hit an all-time record low of 96.27 against the US Dollar in Monday's early trade. This decline was driven by global market volatility and foreign institutional investors pulling capital out of Indian markets. Experts point to the US Federal Reserve's policies and rising crude oil prices as key factors. This historic drop is expected to increase import costs for oil, electronics, and fertilizers, potentially leading to higher domestic inflation. Investors are now watching for possible intervention by the Reserve Bank of India (RBI) to stabilize the currency. https://tv9kannada.com/business/rupee-hits-record-low-drops-20-paise-to-cross-96-against-us-dollar-1187553.html #creator program