Continuing its slide, the Indian rupee fell by another 24 paise to its fresh all-time low of 90.56 against the US dollar in the early trade on Friday, as uncertainty over the India-US trade deal and persistent foreign fund outflows dented investors’ sentiments.
Forex traders said the rupee is under pressure largely due to aggressive dollar purchases from importers amid surging global prices for precious metals.
At the interbank foreign exchange, the rupee opened at 90.43 against the US dollar, then fell further to 90.56 against the greenback, registering a fall of 24 paise from its previous close.
On Thursday, the rupee had plunged 38 paise to close at an all-time low of 90.32 against the US dollar.
“For the day the range of 90 to 90.60 should be honoured with a close watch on RBI. Tod

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