Rupee falls below 90 per US dollar mark on persistent outflows, trade deal worries

The Indian rupee weakened past the psychologically crucial 90 per US dollar mark on Wednesday, extending its rough patch as weakness in trade and portfolio flows alongside worries over a missing trade deal with Washington kept the currency under pressure.

The rupee weakened to a low of 90.13 per US dollar, eclipsing its previous all-time low of 89.9475 hit on Tuesday. It was last down 0.3 per cent on the day.

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