The Indian rupee hit a fresh record low in early deals on Thursday, trading over 90 mark for the second consecutive session. After breaching the key 90 mark against the US dollar for the first time on Wednesday, the rupee slipped 29 paise to a fresh low of 90.43, extending the Indian currency's losing streak for the seventh straight session today. Advertisement

Analysts attribute high demand for dollar and a delay in the India-US trade deal for the rupee crash.

Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities said,"The fall is largely driven by the absence of clarity on the India–US trade deal, coupled with record-high bullion and metal prices that have worsened the import bill. Higher US tariffs and limited RBI intervention have added to the pressure. With

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