Rupee sinks further: Rupee hits new all-time low of 90.74 vs dollar; trade deal uncertainty, FII outflows weigh

Rupee sinks further: Rupee hits new all-time low of 90.74 vs dollar; trade deal uncertainty, FII outflows weigh

The rupee on Monday weakened further to close at a fresh all-time low of 90.74 against the US dollar, after slipping as much as 90.80 during intra-day trade, amid lingering uncertainty over an India–US trade deal and continued foreign fund outflows, according to market participants.At the interbank foreign exchange market, the local currency opened at…

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