Rupee hits record low amid FII outflows
pre-market1 source ↓written by the desknot a recommendation
- against the US
- ₹90.56
- in early trade
- 24 paise
The rupee fell to a record low of ₹90.56 against the US dollar, down 24 paise in early trade. This decline is attributed to uncertainty over the India-US trade deal and ongoing foreign fund outflows. Importers' aggressive dollar purchases amid rising global prices for precious metals further pressured the currency.
Not investment advice. For informational purposes only.