The Rupee just hit 94.15. A new all-time low. 📉
Every major rupee crash had a trigger.
-1966: Government devaluation order.
-1991: Balance of payments crisis, IMF bailout.
-2013: US taper tantrum, FII exodus.
-2008: Lehman, global liquidity freeze.
This time: a war, $110 crude, $42 billion in FII...
Mar 27, 2026