Rupee breaches 90 mark first time against dollar—Know reason why INR falling vs USD?

The Indian rupee fell sharply past the crucial 90-per-dollar level for the first time ever as pressure from weak trade flows, portfolio outflows and uncertainty around the India-US trade deal continued to weigh on sentiment. The currency hit a new record low of 90.13 against the US dollar, breaking Tuesday’s all-time low of 89.9475.