rupee breaches 90/dollar for first time; falls 25 paise to close at all-time low of 90.21

Uncertainty over the india-us trade deal, along with the lack of reserve bank of india (rbi) effort to stop the slide in the local unit, put further pressure on the rupee, according to forex traders. 

 

 

rupee breaches 90/dollar 

At the interbank foreign exchange, the rupee opened at 89.96 against the us dollar and fell to a record intraday low of 90.30 during the session before closing at a new all-time low of 90.21 (provisional), down 25 paise from its previous close.

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