MUMBAI: Forex traders said the rupee is facing renewed strain this week, as multiple factors have combined to put pressure on the currency.

Factors like H-1B visa fee hike, Trump tariffs and persistent foreign fund outflows further dented investors' sentiments.

At the interbank foreign exchange market, the rupee opened at 88.65 against the US dollar, then touched 88.60, registering a gain of 15 paise from its previous close.

On Wednesday, the rupee ended 2 paise down at its lowest-ever closing level of 88.75 against the US dollar.

Forex traders said investors remained concerned over global trade uncertainties and impact of US visa fee hike on India's IT services exports.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading

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