Investors are also awaiting cues from the US-India trade talks, which could boost the rupee in the coming days. (Photo Source: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The rupee depreciated 9 paise to close at 89.96 (provisional) against the US dollar on Wednesday, tracking a negative trend in domestic equities and sustained foreign fund outflows.
Forex traders said investors are in a wait-and-watch mode, awaiting clarity from the US Federal Reserve before taking decisive positions.
Investors are also awaiting cues from the US-India trade talks, which could boost the rupee in the coming days.
At the interbank foreign exchange market, the rupee opened at 90.00, then fell to an intra-day low of 90.10 against the US dollar and finally sett

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