Mumbai/IBNS, Dec. 17 -- The Indian rupee opened at a fresh record low against the US dollar on Wednesday, extending its downward trend amid continued uncertainty over India-US trade negotiations, media reports said.

The domestic currency opened at 91.08 per dollar, compared to its previous close of 91.032. However, the rupee recovered marginally in the second half of the opening hour.

Analysts trace the rupee's decline to April 2025, when US President Donald Trump announced tariffs on Indian goods, triggering concerns over exports and the trade balance. The pressure has intensified in December amid a widening current account deficit.

Market participants also cite uncertainty over India-US trade talks, rising corporate demand for dollar...