India, Jan. 20 -- The Indian rupee weakened by 8 paise to 90.98 against the US dollar in early trade on Tuesday, pressured by strong dollar demand from metal importers and continued foreign fund outflows.
Forex traders noted that rising geopolitical uncertainty and renewed US expansionary signals have heightened risk aversion, keeping emerging market currencies under strain. Additionally, weakness in the domestic equity markets due to persistent foreign capital outflows further weighed on the rupee.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....