The Indian Rupee hit a record low of 90.29 against the US Dollar in early trading on Wednesday, December 3.

This is the third record low in as many days for the currency, as FPI outflows, the lack of clarity over the India-US trade deal, and the weakening past key levels, is adding to the pressure on the currency.

Experts that CNBC-TV18 spoke to through the day on Tuesday mentioned a wide range for the currency going forward. While some saw 90.5 against the US Dollar as the next key level, some even spoke of a depreciation towards 92 levels in case the trade deal prolongs further.

"If it closes above, or it's trying to sustain above 90, we could see a more speculative move, because, see, when speculators get in, they become emboldened. It creates a fundamental of its own. It's very been

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