Mumbai : The rupee depreciated 20 paise to 90.07 against the US dollar in early trade on Wednesday, facing pressure from importer dollar demand, tariff concerns and market anticipation of US FED Reserve policy decision.

Forex traders said all eyes will be on the US-India trade talks which could give some positivity to the rupee in the coming days.India and the United States will commence three-day talks on the first phase of their proposed bilateral trade agreement here from December 10. Read Also India Sets $50 Billion Target By 2030 For Bilateral Trade With Canada, For Brandishing Investment...

At the interbank foreign exchange, the rupee opened at 90.00 against the US dollar, then lost ground and fell to 90.07 against the American currency.On Tuesday, the rupee settled at 89.87 ag

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