The Indian Rupee experienced a significant depreciation recently, touching a new record low of 96.6150 against the US dollar on Tuesday. This marks a substantial year-to-date loss of 7% for the domestic currency. The accelerated selloff has been particularly pronounced since March, a period that coincided with escalating tensions in West Asia and a sharp increase in global crude oil prices. This consistent weakening reflects broader economic pressures.
For Indian retail investors, a