On the Business Channel, we begin with currency markets, where…

On the Business Channel, we begin with currency markets, where the Indian Rupee is facing significant pressure. The currency has breached 96 against the US dollar and analysts are now openly discussing the potential for it to reach 100. Policymakers are reportedly reviewing lessons from just three years ago, particularly after an extended period where the Rupee was seemingly held artificially stable between 82 and 83 for two years. The current free fall is exacerbated by surging crude prices, adding to inflation concerns.