New Delhi, Dec. 2 -- The rupee (INR) remained close to its all-time low, declining by 22 paise to 89.75 against the US dollar during early trading on Tuesday, as the absence of a US-India trade agreement overshadowed the effect of impressive economic growth.

On Monday, the rupee fell to 89.73 against the U.S. dollar, dropping below its earlier record low of 89.49 reached around two weeks ago.

The currency has fallen by more than a rupee against the US Dollar since November 3, based on the available data.

This decline in the currency occurs just before the RBI policy meeting and in spite of a robust GDP growth of 8.2% for the second quarter announced on Friday.

As per a report from Reuters, traders indicated that the Indian central ban...