India, Dec. 12 -- The rupee fell 9 paise to close at a new all-time low of 90.41 against the US dollar on Friday, weighed down by uncertainty surrounding the India–US trade deal and continued foreign fund outflows.
According to forex traders, the currency remained under pressure as importers stepped up aggressive dollar purchases amid rising global precious metal prices.
At the interbank forex market, the rupee opened at 90.43, then declined further to hit a record intraday low of 90.56, marking a 24-paise drop from the previous close before settling at 90.41.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....