Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on| Business News

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Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on| Business News


The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US trade deal while likely portfolio outflows added to the pressure.

Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on| Business News
The rupee weakened to 90.5175 against the US dollar, slipping past its previous all-time low of 90.4675 hit on December 11. (Reuters)

The rupee weakened to 90.5175 against the US dollar. The exchange rate slipped past its previous all-time low of 90.46 hit on 11 December.

This is a developing story. More to come.


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