New Delhi, Dec. 3 -- Indian rupee breached the 90 mark against USD on Wednesday morning, extending its depreciation run through sessions now, and in the process hitting a fresh all-time low for the Indian currency.

At the time of filing this report, the Rupee was trading at 90.205 per US dollar. So far this year, the currency has depreciated by over 5 per cent on a cumulative basis.

According to Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, the Rupee was pressured by the absence of a confirmed India-US trade deal and "repeated delays in timelines."

"Markets now want concrete numbers rather than broad assurances, leading to accelerated selling in the rupee over the past few weeks," Trivedi added.

"Muted ...